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£50,000 below fair value

SE14 5DB

Water Lane, London, SE14

1 Beds
1 Baths
51 m² Floor area
Type Flat
Listed 06 Jun 2026
Asking price £295,000
Price per m² £6,176 / m²

Situated in a quiet residential location in New Cross Gate, this well-presented one-bedroom flat offers bright and spacious accommodation throughout.

The property features a fully fitted tiled kitchen, a generously sized living room ideal for relaxing or entertaining, and a large double bedroom complete with a walk-in wardrobe. The stylish family bathroom is finished in elegant Travertine marble, while wood flooring and double glazing throughout enhance both comfort and practicality.

Further benefits include an allocated private parking space and excellent transport connections.

New Cross Gate Station is approximately a 10-minute walk away, providing convenient access to Central London, the City, and beyond. A selection of 24-hour bus routes, including the 453, 21, and 53, are also nearby, offering direct links to the West End and East London.

The property is ideally positioned close to a wide range of local amenities and is just a short bus ride from Peckham Rye, known for its vibrant atmosphere, independent cafés, bars, restaurants, and shopping facilities. Everyday conveniences, including Sainsbury's, Aldi, and TK Maxx, are all within easy reach.

How the asking price has moved

Jun 2026
£315,000
Listed at original asking price
Aug 2026
£295,000
Current asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
36 FARROW LANE, SE14 5DB £565,000 Aug 2025 Semi-Detached
22 FARROW LANE, SE14 5DB £330,000 May 2025 Flat
42 FARROW LANE, SE14 5DB £485,000 Mar 2025 Terraced
18 FARROW LANE, SE14 5DB £227,500 Feb 2024 Flat
30 FARROW LANE, SE14 5DB £325,000 Oct 2023 Flat
40 FARROW LANE, SE14 5DB £520,000 May 2023 Terraced
24 FARROW LANE, SE14 5DB £195,000 May 2022 Flat
19 FARROW LANE, SE14 5DB £200,000 Sep 2021 Flat
1 FARROW LANE, SE14 5DB £495,000 Feb 2021 Terraced
41 FARROW LANE, SE14 5DB £485,000 Dec 2020 Terraced
29 FARROW LANE, SE14 5DB £455,000 Jun 2020 Terraced
3 FARROW LANE, SE14 5DB £475,000 Jul 2019 Terraced
6 FARROW LANE, SE14 5DB £450,000 Jan 2019 Terraced
40 FARROW LANE, SE14 5DB £415,000 Oct 2018 Terraced
15 FARROW LANE, SE14 5DB £345,000 Aug 2018 Flat
Source: HM Land Registry · SE14 5DB · Sorted by date

Water Lane, London, SE14

Our fair price estimate
£345,000
Nearby sold prices per m² × UK HPI × 51 m² floor area (EPC-declared)
Asking price £295,000
Fair price £345,000
Difference ↓ £50,000 under
Price per m² £6,176 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 51 m². Updated daily.