According to the public record, 12, Shornells Way, London is a early-century freehold house with 904 ft2 of internal area and sits on a 273 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Shornells Way, London, SE2 is located in the borough of Greenwich within the SE2 postal district.
12, Shornells Way, London has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Shornells Way London as £458,151 and the rental value as £2,250 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 12 Shornells Way London has increased by £8,048 (1.8%) and its rental value has increased by £136 per month (6.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Shornells Way, London is in very good condition we estimate a sale value of £481,058 and rental value of £2,362 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,080 and a rental value of £2,092 per month.
If you were able to purchase this property for the estimated value of £458,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,252 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 12, Shornells Way, London sits on a plot of 273m2.
We have plot size data on 7 out of 12 other houses in the postcode and 12, Shornells Way, London sits on the 4th largest plot.
According to HM Land Registry, 12, Shornells Way, London was last sold on 02 Dec 2013 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 89.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Shornells Way, London within a radius of 480 metres over the last 2 years.
The most recent example is 41, Chancelot Road, London, SE2 0ND, a Freehold house which sold for £250,000 in Aug 2022.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shornells Way, London, SE2 has a total of 12 addresses. According to our analysis of all the public data, 12, Shornells Way, London is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in SE2.
12, Shornells Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 12, Shornells Way, London is Abbey Wood station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Shornells Way, London, 27.4% of property is privately owned with a mortgage and 25.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Shornells Way, London, 26.3% of residents are recorded as possessing school level qualifications and 38.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Shornells Way, London, the average age was 36.1 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Shornells Way, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Shornells Way, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.