242 Lucey Way, London, SE16 3UG is a leasehold flat built between 1950-1966. The property offers approximately 1,076 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £405,000 , which equates to approximately £376 per square foot. It was last sold on 26 Jul 2018 for £405,000. Since then, the value has not changed.

The current estimated value of £405,000 is:

  • 16.4% higher than the average property price on Lucey Way
  • 0.4% lower than the average in the SE16 3UG postcode area
  • and 53.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 August 2022, the property was recorded as owner-occupied.

View sold house prices in SE16 3UG

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
1076 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£405,000
Price Per sq ft (estimate)
£376
Bedroom Count (estimate)
4 bedrooms

EPC Summary

242 Lucey Way, London, Southwark, Greater London, SE16 3UG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Aug 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Feb 2010. The rating of D is unchanged, though the energy efficiency score decreased by 1.6%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to flat, no insulation (assumed), with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 3UG

12 th / 17
Price Rank
0% same as average
14 th / 16
Size Rank
1% smaller than average
10 th / 16
Price Per Sq FT Rank
1% higher than average

Compared to other properties in SE16 3UG , this flat's estimated value ranks 12th out of 17. Based on price per square foot, it ranks 10th out of 16 properties. In terms of size, this home ranks 14th out of 16 properties in its postcode area.

Sale History

Today
£405,000
streetscan.co.uk estimate
0 %
26 Jul 2018
£405,000
Leasehold
+72.3 %
27 Sep 2010
£235,000
Leasehold
-2.1 %
23 May 2007
£239,950
Leasehold
+152.6 %
11 Jan 2000
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1109 sq ft
sale price: £415,000
sale date: 29 Apr 2024
rooms: 5
size: 1152 sq ft
sale price: £450,000
sale date: 24 Oct 2022
rooms: 6
size: 1076 sq ft
sale price: £450,000
sale date: 30 Apr 2021
rooms: 6
size: 990 sq ft
sale price: £400,000
sale date: 22 Mar 2021
rooms: 6
size: 1119 sq ft
sale price: £375,000
sale date: 20 Dec 2018

Data Sources

The property at 242 Lucey Way, London, SE16 3UG appears four times in the Land Registry records, with the latest transaction recorded on 26 Jul 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.