Water Lane, New Cross, London, SE14
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Water Lane, New Cross, London, SE14

By Foxtons

£ 225,000

Reviews

2 out of 5 stars

Foxtons says ..

A fantastic 1 bedroom apartment with generous proportioned space throughout, featuring a large reception room, stylish kitchen and well presented bedroom.

Property Oracle says ..

The property is a one-bedroom apartment located in New Cross, London. Based on the images, the property appears to be in reasonable condition, though some minor updates or cosmetic improvements might enhance its appeal. The apartment is relatively small at 452 square feet, and it lacks a garden. The location in New Cross is generally considered desirable, with good transport links and local amenities. However, the list price of £225,000 is significantly below the average price for the area (£409,152), and the price per square foot is also lower than the average (£671). While this could indicate good value, it is important to consider that the property is smaller than average and lacks a garden, which could explain the lower price. Nearby comparable properties support the listed price, although sqft data is missing for these comparisons. More information on the specific condition of the property and the details of comparable properties would be needed to provide a more definitive assessment of value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
452.00

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
479,495.00 £
Increased by 10.34 %
from 434,563.00 £
Est sale value
286,568.00 £
Increased by 1.28 %
from 282,952.00 £
Average area rental value
2,475.00 £/mo
Increased by 16.09 %
from 2,132.00 £/mo
Est letting value
1,356.00 £/mo
Unchanged by 0.00 %
from 1,356.00 £/mo
Est rental Yield
6.19 %
Increased by 5.09 %
from 5.89 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Pilgrims Way Primary School & Children'S CentreChildren's Centre0.44 KM
Pilgrims' Way Primary SchoolCommunity SchoolGood0.46 KM
Kender Primary SchoolCommunity SchoolGood0.54 KM
Haberdashers' Aske'S Hatcham Temple GroveAcademy Converter0.60 KM
Ilderton Primary SchoolCommunity SchoolOutstanding0.65 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Heathfield Court £ 000.00 KM
Wardall Grove £ 425,00000.00 KM
The Cotton Yard £ 000.00 KM
Patterdale Road £ 000.00 KM
Old Kent Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Queens Road Peckham5424QRP0.91 KM
South Bermondsey5425SBM0.99 KM
New Cross Gate5345NXG1.36 KM
Nunhead5068NHD1.43 KM
Surrey Quays1083SQE1.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Water Lane, New Cross, London, SE14 £ 295,000BUY6 / 100.00 KM
Water Lane, New Cross, London, SE14 £ 225,000BUY5 / 100.00 KM
Water Lane, New Cross, London, SE14 £ 200,000BUY5 / 100.03 KM
Water Lane, New Cross, SE14 £ 350,000BUYUnknown0.04 KM
Water Lane, London, SE14 £ 230,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
17 Water Lane £ 234,0000.03 KM
64 Water Lane £ 260,0000.03 KM
86 Water Lane £ 174,0000.03 KM
11 Water Lane £ 250,0000.03 KM
54 Water Lane £ 485,0000.03 KM