16 Russell Place, London, SE16 7PL is a leasehold flat built between 1983-1990. The property offers approximately 555 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 £325,600 , which equates to approximately £582 per square foot. It was last sold on 19 Mar 2020 for £322,000. Since then, the value has increased by £3,600, representing a 1.1% increase, or approximately 0.2% per year.

The current estimated value of £325,600 is:

  • 45.2% lower than the average property price on Russell Place
  • 30.6% lower than the average in the SE16 7PL postcode area
  • and 62.8% lower than the average price for London as a whole

At the most recent EPC inspection on 25 July 2011, the property was recorded as owner-occupied.

View sold house prices in SE16 7PL

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
555 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£325,600
Price Per sq ft (estimate)
£582
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Russell Place, London, Southwark, Greater London Authority, SE16 7PL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Jul 2011.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are mostly double glazed.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Mostly double glazing
Poor
Lighting
Low energy lighting in 46% of fixed outlets
Good

Compared to SE16 7PL

11 th / 14
Price Rank
31% lower than average
8 th / 10
Size Rank
29% smaller than average
6 th / 10
Price Per Sq FT Rank
2% lower than average

Compared to other properties in SE16 7PL , this flat's estimated value ranks 11th out of 14. Based on price per square foot, it ranks 6th out of 10 properties. In terms of size, this home ranks 8th out of 10 properties in its postcode area.

Sale History

Today
£325,600
streetscan.co.uk estimate
+1 %
19 Mar 2020
£322,000
Leasehold
+75.2 %
25 May 2006
£183,800
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £190,000
sale date: 24 Oct 2022
rooms: 2
size: 512 sq ft
sale price: £301,000
sale date: 7 Feb 2020
rooms: 3
size: 560 sq ft
sale price: £512,500
sale date: 8 Feb 2016
rooms: 3
size: 603 sq ft
sale price: £330,000
sale date: 28 Sep 2007
rooms: 3
size: 538 sq ft
sale price: £263,000
sale date: 19 May 2005

Data Sources

The property at 16 Russell Place, London, SE16 7PL appears two times in the Land Registry records, with the latest transaction recorded on 19 Mar 2020. It also has a single Energy Performance Certificate (EPC) from 25 Jul 2011. 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.