308 Commercial Way, London, SE15 1QN is a freehold terraced property built before 1900. The property offers approximately 1,227 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £464,583 , which equates to approximately £379 per square foot. It was last sold on 5 Oct 2011 for £260,000. Since then, the value has increased by £204,583, representing a 78.7% increase, or approximately 5.5% per year.

The current estimated value of £464,583 is:

  • 10.9% higher than the average property price on Commercial Way
  • 22.0% lower than the average in the SE15 1QN postcode area
  • and 46.9% 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 7 September 2022, the property was recorded as owner-occupied.

View sold house prices in SE15 1QN

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1227 sq ft
Tenure
Freehold
Price (estimate)
£464,583
Price Per sq ft (estimate)
£379
Bedroom Count (estimate)
4 bedrooms

EPC Summary

308 Commercial Way, London, Southwark, Greater London, SE15 1QN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Sep 2022.

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 31 Mar 2011. The rating of D remains the same, but the energy efficiency score improved by 19.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE15 1QN

17 th / 22
Price Rank
22% lower than average
8 th / 19
Size Rank
26% bigger than average
19 th / 19
Price Per Sq FT Rank
38% lower than average

Compared to other properties in SE15 1QN , this house's estimated value ranks 17th out of 22. Based on price per square foot, it ranks 19th out of 19 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 8th out of 19 properties in its postcode area.

Sale History

Today
£464,583
streetscan.co.uk estimate
+79 %
5 Oct 2011
£260,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1205 sq ft
sale price: £719,610
sale date: 1 Dec 2017
rooms: 5
size: 1238 sq ft
sale price: £675,000
sale date: 16 Nov 2016
rooms: 5
size: 1270 sq ft
sale price: £763,000
sale date: 26 Oct 2015
rooms: 5
size: 1152 sq ft
sale price: £525,000
sale date: 25 Feb 2014
rooms: 4
size: 1044 sq ft
sale price: £560,000
sale date: 5 May 2023

Data Sources

The property at 308 Commercial Way, London, Southwark, Greater London, SE15 1QN appears once in the Land Registry records, with the transaction recorded on 5 Oct 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Sep 2022. 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.