According to the public record, 15, West Lane, London is a early-century apartment with 460 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
West Lane, London, SE16 is located in the borough of Southwark within the SE16 postal district.
15, West Lane, London has no records in the Land Registry database and a single entry in the EPC database dated October 2009.
We combine this information with public data 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 15 West Lane London as £309,464 and the rental value as £1,764 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 15 West Lane London has increased by £3,949 (1.3%) and its rental value has increased by £94 per month (5.3%).
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 15, West Lane, London is in very good condition we estimate a sale value of £324,937 and rental value of £1,852 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,802 and a rental value of £1,641 per month.
If you were able to purchase this property for the estimated value of £309,464, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,521 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, West Lane, London within a radius of 380 metres over the last 2 years.
The most recent example is 82, Cherry Garden Street, London, SE16 4PB, a Leasehold flat which sold for £371,000 in Jul 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Lane, London, SE16 has a total of 53 addresses. According to our analysis of all the public data, 15, West Lane, London is the 36th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in SE16.
15, West Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2009.
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 15, West Lane, London is Bermondsey station which is 200 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 15, West Lane, London, 37.6% of property is socially rented and 30.4% is privately rented.
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 15, West Lane, London, 12.7% of residents are recorded as possessing school level qualifications and 47.0% 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 15, West Lane, London, the average age was 34.7 and the most common age was 32.
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 15, West Lane, London, 3.2% 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 15, West Lane, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.