252, Commonwealth Way, London has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 252, Commonwealth Way, London is in very good condition we estimate a sale value of £253,657 and rental value of £1,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,668 and a rental value of £1,549 per month.
If you were able to purchase this property for the estimated value of £241,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,187 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 HM Land Registry, 252, Commonwealth Way, London was last sold on 02 Aug 2021 for £225,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 252, Commonwealth Way, London within a radius of 540 metres over the last 2 years.
The most recent example is 184, Commonwealth Way, London, SE2 0LE, a Leasehold flat which sold for £225,000 in Mar 2024.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commonwealth Way, London, SE2 has a total of 191 addresses. According to our analysis of all the public data, 252, Commonwealth Way, London is the 126th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in SE2.
252, Commonwealth Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 252, Commonwealth Way, London is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Commonwealth Way, London, SE2 is located in the borough of Greenwich within the SE2 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 252 Commonwealth Way London as £241,578 and the rental value as £1,666 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 252 Commonwealth Way London has increased by £4,301 (1.8%) and its rental value has increased by £102 per month (6.1%).
The closest station to 252, Commonwealth Way, London is Abbey Wood station which is 600 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 252, Commonwealth Way, London, 69.1% of property is socially rented and 14.6% 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 252, Commonwealth Way, London, 29.6% of residents are recorded as possessing school level qualifications and 33.5% 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 252, Commonwealth Way, London, the average age was 36.1 and the most common age was 37.
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 252, Commonwealth 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 252, Commonwealth Way, 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.