According to the public record, 226, Commercial Way, London is a period freehold house with 1,173 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Commercial Way, London, SE15 is located in the borough of Southwark within the SE15 postal district.
226, Commercial Way, London has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated February 2022.
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 226 Commercial Way London as £870,373 and the rental value as £4,199 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 226 Commercial Way London has increased by £19,496 (2.2%) and its rental value has increased by £228 per month (5.4%).
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 226, Commercial Way, London is in very good condition we estimate a sale value of £913,891 and rental value of £4,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £809,447 and a rental value of £3,905 per month.
If you were able to purchase this property for the estimated value of £870,373, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,278 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, 226, Commercial Way, London sits on a plot of 149m2.
We have plot size data on 9 out of 11 other houses in the postcode and 226, Commercial Way, London sits on the 4th largest plot.
According to HM Land Registry, 226, Commercial Way, London was last sold on 12 Aug 2022 for £875,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 226, Commercial Way, London within a radius of 310 metres over the last 2 years.
The most recent example is 55, Elcot Avenue, London, SE15 1QB, a Freehold house which sold for £900,000 in Oct 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Way, London, SE15 has a total of 343 addresses. According to our analysis of all the public data, 226, Commercial Way, London is the 41st largest and the 10th most expensive property on the street.
When compared to the postcode district it is £348k more expensive than the average property in SE15.
226, Commercial Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2022.
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 226, Commercial Way, London is Queens Road (Peckham) station which is 800 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 226, Commercial Way, London, 42.3% of property is privately rented and 22.1% is socially 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 226, Commercial Way, London, 21.7% of residents are recorded as possessing school level qualifications and 55.6% 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 226, Commercial Way, London, the average age was 35 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 226, Commercial 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 226, Commercial 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.