According to the public record, 2, Garter Way, London is a modern freehold house with 978 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Garter Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
2, Garter Way, London has a single entry in the Land Registry database from November 2012 and a single entry in the EPC database dated March 2012.
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 2 Garter Way London as £717,347 and the rental value as £3,657 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Garter Way London has increased by £7,542 (1.1%) and its rental value has increased by £177 per month (4.8%).
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 2, Garter Way, London is in very good condition we estimate a sale value of £753,214 and rental value of £3,840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £667,132 and a rental value of £3,401 per month.
If you were able to purchase this property for the estimated value of £717,347, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,526 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, 2, Garter Way, London sits on a plot of 149m2.
We have plot size data on 5 out of 9 other houses in the postcode and 2, Garter Way, London sits on the largest plot.
According to HM Land Registry, 2, Garter Way, London was last sold on 08 Nov 2012 for £455,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2012, the market for similar properties has risen 55.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Garter Way, London within a radius of 290 metres over the last 2 years.
The most recent example is 34, Fishermans Drive, London, SE16 6SQ, a Freehold house which sold for £805,000 in Oct 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garter Way, London, SE16 has a total of 185 addresses. According to our analysis of all the public data, 2, Garter Way, London is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in SE16.
2, Garter Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Garter Way, London is Rotherhithe station which is 400 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 2, Garter Way, London, 38.5% of property is privately rented and 31.2% 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 2, Garter Way, London, 14.8% of residents are recorded as possessing school level qualifications and 74.4% 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 2, Garter Way, London, the average age was 35.9 and the most common age was 27.
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 2, Garter Way, London, 2.4% 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 2, Garter Way, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.