24 Teak Close, London, SE16 5NW is a freehold terraced property built between 1976-1982. The property offers approximately 893 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £627,775 , which equates to approximately £703 per square foot. It was last sold on 26 May 2010 for £322,000. Since then, the value has increased by £305,775, representing a 95.0% increase, or approximately 6.1% per year.

The current estimated value of £627,775 is:

  • 2.0% higher than the average property price on Teak Close
  • 0.7% lower than the average in the SE16 5NW postcode area
  • and 28.3% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 3 December 2013, the property was recorded as owner-occupied.

View sold house prices in SE16 5NW

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
893 sq ft
Tenure
Freehold
Price (estimate)
£627,775
Price Per sq ft (estimate)
£703
Bedroom Count (estimate)
3 bedrooms

EPC Summary

24 Teak Close, London, Southwark, Greater London Authority, SE16 5NW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Dec 2013.

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. Hot water is provided by a community heating scheme, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jul 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.4%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, no cylinder thermostat, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, 150mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 73% of fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme, no cylinder thermostat
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Sale History

Today
£627,775
streetscan.co.uk estimate
+95 %
26 May 2010
£322,000
Leasehold

Area Insights

Similar Properties Sold Nearby

35 Teak Close, London, SE16 5NW
rooms: 4
size: 992 sq ft
sale price: £670,000
sale date: 22 Feb 2019
31 Teak Close, London, SE16 5NW
rooms: 5
size: 980 sq ft
sale price: £600,000
sale date: 9 Feb 2017

Data Sources

The property at 24 Teak Close, London, Southwark, Greater London Authority, SE16 5NW appears once in the Land Registry records, with the transaction recorded on 26 May 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Dec 2013. 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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