2 New Place Square, London, SE16 2HW is a leasehold flat built between 1967-1975. The property offers approximately 990 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £409,335 , which equates to approximately £413 per square foot. It was last sold on 5 Jan 2001 for £130,000. Since then, the value has increased by £279,335, representing a 214.9% increase, or approximately 8.6% per year.

The current estimated value of £409,335 is:

  • 31.2% higher than the average property price on New Place Square
  • 0.7% lower than the average in the SE16 2HW postcode area
  • and 53.2% lower than the average price for London as a whole

View sold house prices in SE16 2HW

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
990 sq ft
Tenure
Leasehold
Price (estimate)
£409,335
Price Per sq ft (estimate)
£413
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 New Place Square, London, Southwark, Greater London Authority, SE16 2HW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Sep 2017.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 2HW

3 rd / 15
Price Rank
1% lower than average
2 nd / 13
Size Rank
23% bigger than average
10 th / 13
Price Per Sq FT Rank
19% lower than average

Compared to other properties in SE16 2HW , this flat's estimated value ranks 3rd out of 15. Based on price per square foot, it ranks 10th out of 13 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 2nd out of 13 properties in its postcode area.

Sale History

Today
£409,335
streetscan.co.uk estimate
+215 %
5 Jan 2001
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1023 sq ft
sale price: £450,000
sale date: 29 Nov 2024
rooms: 5
size: 926 sq ft
sale price: £367,000
sale date: 8 Oct 2014
rooms: 6
size: 904 sq ft
sale price: £190,000
sale date: 1 Aug 2012
rooms: 5
size: 936 sq ft
sale price: £240,000
sale date: 7 Dec 2007
rooms: 5
size: 915 sq ft
sale price: £405,000
sale date: 19 Mar 2021

Data Sources

The property at 2 New Place Square, London, Southwark, Greater London Authority, SE16 2HW appears once in the Land Registry records, with the transaction recorded on 5 Jan 2001. It also has a single Energy Performance Certificate (EPC) from 11 Sep 2017. 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.