31 Teak Close, London, SE16 5NW is a freehold terraced property built between 1976-1982. The property offers approximately 980 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 £674,413 , which equates to approximately £689 per square foot. It was last sold on 9 Feb 2017 for £600,000. Since then, the value has increased by £74,413, representing a 12.4% increase, or approximately 1.4% per year.

The current estimated value of £674,413 is:

  • 9.6% higher than the average property price on Teak Close
  • 6.7% higher than the average in the SE16 5NW postcode area
  • and 22.9% 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 20 December 2016, 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
980 sq ft
Tenure
Freehold
Price (estimate)
£674,413
Price Per sq ft (estimate)
£689
Bedroom Count (estimate)
3 bedrooms

EPC Summary

31 Teak Close, London, Southwark, Greater London Authority, SE16 5NW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Dec 2016.

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 single glazed.

The previous EPC assessment was conducted on 6 Jan 2014. The rating of D is unchanged, though the energy efficiency score decreased by 12.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as community scheme, no cylinder thermostat.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 54% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Community scheme
Good
Hot Water
Community scheme, no cylinder thermostat
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Good
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Sale History

Today
£674,413
streetscan.co.uk estimate
+12 %
9 Feb 2017
£600,000
Leasehold
+101.8 %
4 Jul 2016
£297,300
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 992 sq ft
sale price: £670,000
sale date: 22 Feb 2019
rooms: 5
size: 893 sq ft
sale price: £322,000
sale date: 26 May 2010

Data Sources

The property at 31 Teak Close, London, SE16 5NW appears two times in the Land Registry records, with the latest transaction recorded on 9 Feb 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Dec 2016. 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.