Property profile

56 Water Lane

Map showing 56 Water Lane, London

Estimated sale price

£480,000

Terraced sold in New Cross Gate

The box shows the middle 50% of terraced sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold06 Jun 2025
£490,000Change since last sale: −£9,000 (−1.8%)
Annualised change
−1.5% per yearLewisham annualised change (terraced) since 2025: +2.6% per yearThis property underperformed the market
Price per sq ftLocal median £703 per sq ft
£508 per sq ftEstimate vs local median: −£195 per sq ft (−28%)
Local sold pricesMedian for terraced in New Cross Gate
£770,000Estimate vs local median: −£289,000 (−38%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Mid-Terrace
TenureFreehold
Construction period1991-1995
Floor area88 m² / 947 sq ft
Rooms4 habitable / 4 heated
EPC ratingC
EPC inspection26 Jul 2021

Sales history

DatePriceChange
06 Jun 2025£490,000+78%
25 Jan 2008£275,000+155%
09 Jan 2002£108,000-

Local market

Property prices in New Cross Gate

Median price£372,500
Price per sq ft£614
Sales (last 12 months)65
Typical range (middle 50%)£240K – £660K

Based on 65 recent sales, the median property price is £372,500 (about £614 per square foot) in New Cross Gate area, with individual transactions ranging from £171,000 up to £985,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in New Cross Gate over the last year.
TypeSalesMedian£/sq ft
Terraced23£770,000£703
Semi-Detached1£565,000£664
Flats41£270,000£571

10-year price trendmedian sale price in New Cross Gate

Sale price

Ten year median sale price trend for each property type in New Cross Gate.
YearFlatsTerraced
2016£279,000£675,000
2017£236,750£645,000
2018£277,000£592,500
2019£261,000£643,500
2020£280,000£705,000
2021£297,500£757,500
2022£292,000£750,000
2023£308,750£722,130
2024£247,500£637,500
2025£290,000£763,500
2026£236,500£790,000
Ten year median sale price trend for each property type in New Cross Gate.

Price per sq ft

Ten year median sale price per square foot trend for each property type in New Cross Gate.
YearFlatsTerraced
2016£528£574
2017£567£595
2018£554£592
2019£550£563
2020£579£644
2021£563£678
2022£608£689
2023£548£661
2024£542£634
2025£567£686
2026£553£722
Ten year median sale price per square foot trend for each property type in New Cross Gate.

Price distribution by property typelast 12 months

Price distribution by property type for New Cross Gate in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near SE14 5DN.

Recent sold properties in the last 18 months near SE14 5DN
DateAddressTypeTenurePriceMap
04 Jun 202669, Water Lane, London, SE14 5DNFlatsLeasehold£154,500
28 May 202635, Water Lane, London, SE14 5DNFlatsLeasehold£243,000
20 Feb 2026First Floor Flat, 7, Water Lane, London, SE14 5DNFlatsLeasehold£228,000
24 Nov 202573, Water Lane, London, SE14 5DNFlatsLeasehold£225,000
06 Jun 202556, Water Lane, London, SE14 5DNTerracedFreehold£490,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Water Lane, LondonLeasehold45 m²£158,000 (2006)
3 Water Lane, LondonLeasehold33 m²£235,000 (2023)
5 Water Lane, LondonLeasehold43 m²£88,000 (2001)
7, Water Lane, LondonLeasehold46 m²£140,000 (2006)
9 Water Lane, London, LondonLeasehold32 m²£149,950 (2007)
11, Water Lane, LondonLeasehold44 m²£250,000 (2015)
13, Water Lane, LondonLeasehold41 m²£257,000 (2022)
15 Water Lane, London-55 m²-
17, Water Lane, LondonFreehold55 m²£234,000 (2010)
19, Water Lane, LondonFreehold66 m²£530,000 (2022)

Area insights for SE14 5DN

Full area profile →

Overview

Postcode SE14 5DN is located in a major urban area, within the New Cross Gate ward of Lewisham in the London region, and forms part of the New Cross Gate area. It has high deprivation and average crime levels, with around 67 crimes per 1,000 residents per year, about 48% below the London average of 130 per 1,000. The average income per household in New Cross Gate is £67,464 per year. The nearest station is Queens Road Peckham, about 0.5 miles away. There are 14 primary and 2 secondary schools in the area. There are 7 parks nearby, the closest medium park is Bridgehouse Meadows.

Crime rate
6/10
Crimes per 1k residents
67
Deprivation level
8/10
Income level
3/10
Social housing
3%
Connectivity
4/10
Flood Risk
Very low
Noise Level
Moderate

Deprivation level

8/10

New Cross Gate has a high level of deprivation, ranked at position 8,220 out of 32,844 areas in the United Kingdom, placing it within the top 25% most deprived areas in England.

Crime level

6/10

New Cross Gate has an average crime rate, with approximately 67 reported incidents per 1,000 population each year.

Social housing

3%

Approximately 3.0% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 33.9% of dwellings are socially rented.

Income level

3/10

The average income per household in New Cross Gate is £67,464 per year.

Noise Level

Moderate

Moderate noise level (65.0-69.9 dB) from rail, approximately 285 ft away from SE14 5DN.

Flood risk

Very low

New Cross Gate near SE14 5DN has very low flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

4/10

The nearest station is Queens Road Peckham located about 0.5 miles away. There are 5 stations nearby.

Nearby public transport stations for SE14 5DN
DistanceZoneNameLinesDirections
0.5 mi

2

Queens Road Peckham

Overground, Southern

Walking directions to Queens Road Peckham
0.6 mi

2

South Bermondsey

Southern

Walking directions to South Bermondsey
0.6 mi

2

New Cross Gate

Overground, Southern

Walking directions to New Cross Gate

Parks

Nearby parks and green spaces for SE14 5DN
DistanceNameSizeDirections
0.2 miBridgehouse MeadowsMediumWalking directions to Bridgehouse Meadows
0.2 miBrimmington ParkMediumWalking directions to Brimmington Park
0.3 miEckington GardensSmallWalking directions to Eckington Gardens

Area Profile

Population
194
Population density
9,651.7 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
26.78(-14%)
Anti-social behaviour
19.28(-28%)
Burglary
10.71(+96%)
Other theft
7.5(-34%)
Criminal damage and arson
4.82(-16%)
London average

Demographics

Ethnic groups

British
60
31.25%
Other White
45
23.44%
African
19
9.9%
Other Asian
16
8.33%
Other
10
5.21%
Total population: 192

Economics

Education (age 16+)

Level 4+ (Degree)
103
60.23%
Level 3 (A level)
31
18.13%
Level 2 (GCSEs 9-4)
11
6.43%
No qualifications
8
4.68%
Level 1 (GCSEs 3-1)
8
4.68%
Total 16+ residents: 171

Housing

Housing tenure

Private landlord or letting agency
45
44.55%
Owns with a mortgage
40
39.6%
Owns outright
10
9.9%
Shared ownership
2
1.98%
Social rents from council
2
1.98%
Total households: 101

Schools

In the SE14 5DN postcode area, located within New Cross Gate, there are 14 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for SE14 5DN
DistancePhaseNameTypeRating
0.1 miPrimaryHaberdashers' Hatcham PrimaryAcademy converter

Good

0.2 miPrimaryPilgrims' Way Primary SchoolCommunity school

Good

0.4 miPrimaryKender Primary SchoolCommunity school

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of SE14 5DN

Nearby supermarkets & convenience stores for SE14 5DN
DistanceNameAddressDirections
0.1 miGeorge's909 Old Kent Road, London, SE15 1NLWalking directions to George's
0.2 miLondisChesterfield Way, Southwark, SE14 5BEWalking directions to Londis
0.2 miAldi840 Old Kent Road, London, SE15 1NQWalking directions to Aldi
0.2 miNisa813 Old Kent Road, London, SE15 1NXWalking directions to Nisa
0.2 miThe Food WarehouseSylvan Grove, Southwark, SE15 1PBWalking directions to The Food Warehouse