According to the public record, 21, Somerford Way, London is a modern house with 635 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Somerford Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
21, Somerford Way, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2021.
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 21 Somerford Way London as £610,205 and the rental value as £2,959 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 21 Somerford Way London has increased by £12,774 (2.1%) and its rental value has increased by £172 per month (5.8%).
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 21, Somerford Way, London is in very good condition we estimate a sale value of £640,715 and rental value of £3,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £567,491 and a rental value of £2,752 per month.
If you were able to purchase this property for the estimated value of £610,205, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,999 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, 21, Somerford Way, London sits on a plot of 142m2.
We have plot size data on 8 out of 15 other houses in the postcode and 21, Somerford Way, London sits on the 6th largest plot.
According to HM Land Registry, 21, Somerford Way, London was last sold on 28 May 1999 for £116,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Somerford Way, London within a radius of 350 metres over the last 2 years.
The most recent example is 21, Ropemaker Road, London, SE16 6QG, a Freehold house which sold for £605,000 in May 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerford Way, London, SE16 has a total of 55 addresses. According to our analysis of all the public data, 21, Somerford Way, London is the 23rd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in SE16.
21, Somerford Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2021.
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 21, Somerford Way, London is Surrey Quays station which is 1.0 kilometres 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 21, Somerford Way, London, 45.8% of property is privately rented and 26.7% is privately owned with a mortgage.
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 21, Somerford Way, London, 11.7% of residents are recorded as possessing school level qualifications and 69.7% 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 21, Somerford Way, London, the average age was 34.7 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 21, Somerford Way, London, 0.7% 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 21, Somerford Way, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.