According to the public record, 53, Plough Way, London is a period freehold house with 1,022 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Plough Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
53, Plough Way, London has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated June 2014.
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 53 Plough Way London as £722,310 and the rental value as £3,718 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 53 Plough Way London has increased by £9,846 (1.4%) and its rental value has increased by £192 per month (5.2%).
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 53, Plough Way, London is in very good condition we estimate a sale value of £758,426 and rental value of £3,904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £671,748 and a rental value of £3,458 per month.
If you were able to purchase this property for the estimated value of £722,310, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,550 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, 53, Plough Way, London sits on a plot of 137m2.
We have plot size data on 18 out of 18 other houses in the postcode and 53, Plough Way, London sits on the 5th largest plot.
According to HM Land Registry, 53, Plough Way, London was last sold on 20 Dec 2023 for £723,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Plough Way, London within a radius of 300 metres over the last 2 years.
The most recent example is 49, Plough Way, London, SE16 2LS, a Freehold house which sold for £760,000 in Jun 2021.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 300 metres radius of 53, Plough Way, London over the last 2 years.
Most recently 44, Greenland Quay, London, SE16 7RW, a Freehold house let by Saint Andrews Bureau in May 2023.
Plough Way, London, SE16 has a total of 432 addresses. According to our analysis of all the public data, 53, Plough Way, London is the 110th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £249k more expensive than the average property in SE16.
53, Plough Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2014.
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 53, Plough Way, London is Surrey Quays station which is 300 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 53, Plough Way, London, 42.5% of property is privately rented and 26.5% 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 53, Plough Way, London, 15.1% of residents are recorded as possessing school level qualifications and 65.0% 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 53, Plough 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 53, Plough Way, London, 2.3% 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 53, Plough 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.