According to the public record, 23, Steers Way, London is a modern freehold house with 914 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Steers Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
23, Steers Way, London has 31 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated February 2020.
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 23 Steers Way London as £740,754 and the rental value as £3,649 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 23 Steers Way London has increased by £9,657 (1.3%) and its rental value has increased by £182 per month (5.0%).
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 23, Steers Way, London is in very good condition we estimate a sale value of £777,791 and rental value of £3,831 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £688,901 and a rental value of £3,394 per month.
If you were able to purchase this property for the estimated value of £740,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,641 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, 23, Steers Way, London sits on a plot of 128m2.
We have plot size data on 13 out of 20 other houses in the postcode and 23, Steers Way, London sits on the 6th largest plot.
According to HM Land Registry, 23, Steers Way, London was last sold on 28 May 2021 for £720,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Steers Way, London within a radius of 380 metres over the last 2 years.
The most recent example is 19, Steers Way, London, SE16 6HP, a Freehold house which sold for £710,000 in May 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Steers Way, London, SE16 has a total of 23 addresses. According to our analysis of all the public data, 23, Steers Way, London is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £267k more expensive than the average property in SE16.
23, Steers Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2020.
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 23, Steers Way, London is Heron 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 23, Steers Way, London, 36.2% of property is privately rented and 31.5% 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 23, Steers Way, London, 10.5% of residents are recorded as possessing school level qualifications and 61.2% 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 23, Steers 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 23, Steers Way, London, 1.2% 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 23, Steers Way, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.