24 Rope Street, London, SE16 7TE is a leasehold flat built between 1983-1990. The property offers approximately 1,227 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £673,803 , which equates to approximately £549 per square foot. It was last sold on 31 Mar 2021 for £665,000. Since then, the value has increased by £8,803, representing a 1.3% increase, or approximately 0.3% per year.

The current estimated value of £673,803 is:

  • 1.1% higher than the average property price on Rope Street
  • 3.8% lower than the average in the SE16 7TE postcode area
  • and 23.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 August 2020, the property was recorded as owner-occupied.

View sold house prices in SE16 7TE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
1227 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£673,803
Price Per sq ft (estimate)
£549
Bedroom Count (estimate)
4 bedrooms

EPC Summary

24 Rope Street, London, Southwark, Greater London Authority, SE16 7TE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Aug 2020.

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 Oct 2010. The rating of C remains the same, but the energy efficiency score improved by 13%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system, no cylinder thermostat to from main system, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, insulated (assumed) to roof room(s), insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Roof room(s), insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7TE

13 th / 40
Price Rank
4% lower than average
15 th / 34
Size Rank
26% bigger than average
18 th / 34
Price Per Sq FT Rank
24% lower than average

Compared to other properties in SE16 7TE , this flat's estimated value ranks 13th out of 40. Based on price per square foot, it ranks 18th out of 34 properties. In terms of size, this home ranks 15th out of 34 properties in its postcode area.

Sale History

Today
£673,803
streetscan.co.uk estimate
+1 %
31 Mar 2021
£665,000
Leasehold
+47.8 %
11 May 2012
£450,000
Leasehold
+196.1 %
13 Jun 1997
£152,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1302 sq ft
sale price: £658,000
sale date: 22 Nov 2024
rooms: 5
size: 1410 sq ft
sale price: £850,000
sale date: 22 Aug 2024
rooms: 5
size: 1389 sq ft
sale price: £835,000
sale date: 1 Dec 2021
rooms: 4
size: 1259 sq ft
sale price: £880,000
sale date: 28 Nov 2019
rooms: 5
size: 1300 sq ft
sale price: £730,000
sale date: 29 Sep 2017

Data Sources

The property at 24 Rope Street, London, SE16 7TE appears three times in the Land Registry records, with the latest transaction recorded on 31 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Aug 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.