1, Cube House, 5 Spa Road, London, SE16 3GD is a leasehold flat built between 2003-2006. The property offers approximately 721 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £502,238 , which equates to approximately £696 per square foot. It was last sold on 5 Sep 2003 for £212,000. Since then, the value has increased by £290,238, representing a 136.9% increase, or approximately 6.1% per year.

The current estimated value of £502,238 is:

  • 30.0% lower than the average property price on Spa Road
  • 8.4% lower than the average in the SE16 3GD postcode area
  • and 42.6% lower than the average price for London as a whole

At the most recent EPC inspection on 16 February 2024, the property was recorded as rented.

View sold house prices in SE16 3GD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£502,238
Price Per sq ft (estimate)
£696
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1, Cube House, 5 Spa Road, London, Southwark, Greater London, SE16 3GD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Feb 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Dec 2009. The rating of C remains the same, but the energy efficiency score improved by 8.1%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 3% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 3GD

15 th / 18
Price Rank
8% lower than average
7 th / 15
Size Rank
4% smaller than average
10 th / 15
Price Per Sq FT Rank
4% lower than average

Compared to other properties in SE16 3GD , this flat's estimated value ranks 15th out of 18. Based on price per square foot, it ranks 10th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 15 properties in its postcode area.

Sale History

Today
£502,238
streetscan.co.uk estimate
+137 %
5 Sep 2003
£212,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £600,000
sale date: 14 Aug 2023
rooms: 3
size: 710 sq ft
sale price: £525,000
sale date: 7 Feb 2022
rooms: 3
size: 807 sq ft
sale price: £540,000
sale date: 4 Feb 2022
rooms: 3
size: 764 sq ft
sale price: £500,000
sale date: 8 Nov 2021
rooms: 3
size: 666 sq ft
sale price: £510,000
sale date: 31 Jul 2015

Data Sources

The property at 1, Cube House, 5 Spa Road, London, Southwark, Greater London, SE16 3GD appears once in the Land Registry records, with the transaction recorded on 5 Sep 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Feb 2024. 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.