Kallars says ..
Residential Development Opportunity - Planning APPROVED For 6x 1 & 2-Bedroom Apartments
Property Oracle says ..
This plot of land is located in the Nunhead & Queen’s Road area of Southwark, London. The area benefits from relatively good transport links, with Queens Road Peckham station being approximately 0.59km away. There are also several primary schools within a 1km radius, including St Mary Magdalene Church of England Primary School (rated ‘Good’ by Ofsted) and The St Thomas The Apostle College (rated ‘Outstanding’). The nearby streets show a range of property prices, with some reaching over £900,000, suggesting a potentially desirable area. However, the plot itself is currently vacant land, and the provided images show it to be undeveloped and requiring significant work before any construction can begin. The list price of £950,000 is high considering the current state of the land and the lack of any existing structure. While the area has potential, the price may be considered inflated given the necessary development costs.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 3
- Condition
- 1
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,054.86
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 759,842.00 £Increased by 24.51 %
- Est sale value
- 874,478.94 £Increased by 23.55 %
- Average area rental value
- 2,535.00 £/moDecreased by 1.90 %
- Est letting value
- 2,109.72 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.00 %Decreased by 21.26 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Kallars created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary Magdalene Church Of England Primary School | Voluntary Aided School | Good | 0.39 KM |
| The St Thomas The Apostle College | Voluntary Aided School | Outstanding | 0.41 KM |
| John Donne Primary School | Academy Converter | 0.53 KM | |
| Rye Oak Primary School | Community School | Good | 0.62 KM |
| Rye Oak Primary School & Children'S Centre | Children's Centre | 0.75 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grimwade Close | £ 900,000 | 0 | 0.00 KM |
| Nazareth Gardens | £ 900,000 | 0 | 0.00 KM |
| Woodland Trail | £ 575,000 | 0 | 0.00 KM |
| Bishop Wilfred Wood Close | £ 0 | 0 | 0.00 KM |
| Carlton Grove | £ 350,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Queens Road Peckham | 5424 | QRP | 0.59 KM |
| Nunhead | 5068 | NHD | 0.81 KM |
| Peckham Rye | 5423 | PMR | 1.12 KM |
| New Cross Gate | 5345 | NXG | 2.22 KM |
| South Bermondsey | 5425 | SBM | 2.23 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Land at Kirkwood Road, SE15 | £ 950,000 | BUY | 3 / 10 | 0.00 KM |
| Brayards Road, London | £ 975,000 | BUY | Unknown | 0.05 KM |
| Brayards Road, Peckham, SE15 | £ 725,000 | BUY | 7 / 10 | 0.05 KM |
| Crewys Road, Peckham, London, SE15 | £ 850,000 | BUY | 7 / 10 | 0.07 KM |
| Kirkwood Road, London | £ 575,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 57 Brayards Road | £ 710,000 | 0.05 KM |
| 76 Brayards Road | £ 910,000 | 0.05 KM |
| 82 Brayards Road | £ 900,000 | 0.05 KM |
| 85 Brayards Road | £ 721,500 | 0.05 KM |
| 87 Brayards Road | £ 267,500 | 0.05 KM |