1 Norway Gate, London, SE16 7TR is a leasehold flat built between 1983-1990. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £390,950 , which equates to approximately £807 per square foot. It was last sold on 23 Jun 2008 for £244,000. Since then, the value has increased by £146,950, representing a 60.2% increase, or approximately 3.4% per year.

The current estimated value of £390,950 is:

  • 11.1% lower than the average property price on Norway Gate
  • 10.1% lower than the average in the SE16 7TR postcode area
  • and 55.3% lower than the average price for London as a whole

View sold house prices in SE16 7TR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£390,950
Price Per sq ft (estimate)
£807
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Norway Gate, London, Southwark, Greater London Authority, SE16 7TR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Jan 2019.

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 6 Jan 2009. The rating of D is unchanged, though the energy efficiency score decreased by 3.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 20% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to SE16 7TR

8 th / 14
Price Rank
10% lower than average
10 th / 12
Size Rank
16% smaller than average
4 th / 12
Price Per Sq FT Rank
7% higher than average

Compared to other properties in SE16 7TR , this flat's estimated value ranks 8th out of 14. Based on price per square foot, it ranks 4th out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 12 properties in its postcode area.

Sale History

Today
£390,950
streetscan.co.uk estimate
+60 %
23 Jun 2008
£244,000
Leasehold
+67.1 %
23 Aug 2000
£146,000
Leasehold

Area Insights

Similar Properties Sold Nearby

3 Norway Gate, London, SE16 7TR
rooms: 2
size: 517 sq ft
sale price: £350,000
sale date: 18 Aug 2023
9 Norway Gate, London, SE16 7TR
rooms: 3
size: 527 sq ft
sale price: £355,000
sale date: 10 Jun 2014
27 Norway Gate, London, SE16 7TR
rooms: 2
size: 488 sq ft
sale price: £225,000
sale date: 23 Aug 2011
17 Norway Gate, London, SE16 7TR
rooms: 2
size: 474 sq ft
sale price: £164,000
sale date: 5 Aug 2005
13 Norway Gate, London, SE16 7TR
rooms: 2
size: 507 sq ft
sale price: £146,000
sale date: 17 Jul 2000

Data Sources

The property at 1 Norway Gate, London, SE16 7TR appears two times in the Land Registry records, with the latest transaction recorded on 23 Jun 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jan 2019. 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.
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