According to the public record, 6, Victory Way, London is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Victory Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
6, Victory Way, London has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated January 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 6 Victory Way London as £353,670 and the rental value as £2,025 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 6 Victory Way London has increased by £2,123 (0.6%) and its rental value has increased by £86 per month (4.3%).
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 6, Victory Way, London is in very good condition we estimate a sale value of £371,354 and rental value of £2,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,913 and a rental value of £1,884 per month.
If you were able to purchase this property for the estimated value of £353,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,738 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, 6, Victory Way, London was last sold on 31 Mar 2021 for £352,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Victory Way, London within a radius of 360 metres over the last 2 years.
The most recent example is 39, Shipwright Road, London, SE16 6QA, a Leasehold flat which sold for £385,000 in Sep 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victory Way, London, SE16 has a total of 24 addresses. According to our analysis of all the public data, 6, Victory Way, London is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in SE16.
6, Victory Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 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 6, Victory Way, London is Surrey Quays station which is 700 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 6, Victory 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 6, Victory 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 6, Victory 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 6, Victory 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 6, Victory 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.