2, Prospect House Frean Street, London, SE16 4AE is a leasehold flat built in 2007 onwards. The property offers approximately 506 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £366,627 , which equates to approximately £725 per square foot. It was last sold on 23 Sep 2013 for £267,000. Since then, the value has increased by £99,627, representing a 37.3% increase, or approximately 3.0% per year.

The current estimated value of £366,627 is:

  • 33.3% lower than the average property price on Frean Street
  • 27.3% lower than the average in the SE16 4AE postcode area
  • and 56.1% lower than the average price for London as a whole

At the most recent EPC inspection on 2 February 2010, the property was recorded as owner-occupied.

View sold house prices in SE16 4AE

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
506 sq ft
Tenure
Leasehold
Price (estimate)
£366,627
Price Per sq ft (estimate)
£725
Bedroom Count (estimate)
1 bedroom

EPC Summary

2, Prospect House Frean Street, London, Southwark, Greater London Authority, SE16 4AE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Jan 2020.

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.

The previous EPC assessment was conducted on 2 Feb 2010, and the property received the same rating of B with an unchanged energy efficiency score of 84.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and radiators, mains gas to community scheme, with no change in energy efficiency (very good).
  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (very good).
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining cavity wall, as built, insulated (assumed).
  • The lighting was updated from low energy lighting in 12% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Community scheme
Very Good
Hot Water
Community scheme
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 4AE

31 st / 39
Price Rank
27% lower than average
18 th / 31
Size Rank
16% smaller than average
20 th / 31
Price Per Sq FT Rank
13% lower than average

Compared to other properties in SE16 4AE , this flat's estimated value ranks 31th out of 39. Based on price per square foot, it ranks 20th out of 31 properties. In terms of size, this home ranks 18th out of 31 properties in its postcode area.

Sale History

Today
£366,627
streetscan.co.uk estimate
+37 %
23 Sep 2013
£267,000
Leasehold
+0.8 %
31 Jul 2008
£265,000
Leasehold

Area Insights

Similar Properties Sold Nearby

33, Prospect House Frean Street, London, SE16 4AE
rooms: 2
size: 495 sq ft
sale price: £424,000
sale date: 18 Jul 2024
38, Prospect House Frean Street, London, SE16 4AE
rooms: 2
size: 517 sq ft
sale price: £400,000
sale date: 20 Jun 2024
22, Prospect House Frean Street, London, SE16 4AE
rooms: 2
size: 517 sq ft
sale price: £176,000
sale date: 21 Jul 2023
18, Prospect House Frean Street, London, SE16 4AE
rooms: 2
size: 495 sq ft
sale price: £460,000
sale date: 12 May 2023
25, Prospect House Frean Street, London, SE16 4AE
rooms: 2
size: 495 sq ft
sale price: £442,500
sale date: 22 Sep 2022

Data Sources

The property at 2, Prospect House Frean Street, London, SE16 4AE appears two times in the Land Registry records, with the latest transaction recorded on 23 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jan 2020. 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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