According to the public record, 63, Southerngate Way, London is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Southerngate Way, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
63, Southerngate Way, London has 2 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated October 2016.
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 63 Southerngate Way London as £326,069 and the rental value as £1,848 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 63 Southerngate Way London has increased by £8,393 (2.6%) and its rental value has increased by £110 per month (6.0%).
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 63, Southerngate Way, London is in very good condition we estimate a sale value of £342,373 and rental value of £1,941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,244 and a rental value of £1,719 per month.
If you were able to purchase this property for the estimated value of £326,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,603 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, 63, Southerngate Way, London was last sold on 07 Feb 2023 for £345,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Southerngate Way, London within a radius of 370 metres over the last 2 years.
The most recent example is 50, Southerngate Way, London, SE14 6DW, a Leasehold flat which sold for £322,000 in Aug 2022.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southerngate Way, London, SE14 has a total of 92 addresses. According to our analysis of all the public data, 63, Southerngate Way, London is the 64th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in SE14.
63, Southerngate Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Oct 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 63, Southerngate Way, London is New Cross Gate 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 63, Southerngate Way, London, 49.5% of property is socially rented and 21.2% 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 63, Southerngate Way, London, 25.3% of residents are recorded as possessing school level qualifications and 45.5% 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 63, Southerngate Way, London, the average age was 33.3 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 63, Southerngate Way, London, 0.0% 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 63, Southerngate Way, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.