40 Lockwood Square, London, SE16 2HS is a leasehold flat built between 1950-1966. The property offers approximately 926 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £376,894 , which equates to approximately £407 per square foot. It was last sold on 22 Jun 2015 for £350,000. Since then, the value has increased by £26,894, representing a 7.7% increase, or approximately 0.7% per year.

The current estimated value of £376,894 is:

  • 21.0% higher than the average property price on Lockwood Square
  • 11.1% higher than the average in the SE16 2HS postcode area
  • and 56.9% lower than the average price for London as a whole

At the most recent EPC inspection on 24 January 2011, the property was recorded as owner-occupied.

View sold house prices in SE16 2HS

Building approximate location

About Property

Type
Terraced Maisonette
Built
1950-1966
Interior Size
926 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£376,894
Price Per sq ft (estimate)
£407
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40 Lockwood Square, London, Southwark, Greater London Authority, SE16 2HS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Feb 2015.

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 previous EPC assessment was conducted on 24 Jan 2011, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 132.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, off-peak to community scheme, with its energy efficiency improving from average to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The windows were upgraded from fully double glazed to multiple glazing throughout .
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, filled cavity
Good
Windows
Multiple glazing throughout
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 2HS

8 th / 18
Price Rank
11% higher than average
8 th / 17
Size Rank
28% bigger than average
14 th / 17
Price Per Sq FT Rank
13% lower than average

Compared to other properties in SE16 2HS , this maisonette's estimated value ranks 8th out of 18. Based on price per square foot, it ranks 14th out of 17 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 17 properties in its postcode area.

Sale History

Today
£376,894
streetscan.co.uk estimate
+8 %
22 Jun 2015
£350,000
Leasehold
+173.4 %
26 Jul 2001
£128,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1023 sq ft
sale price: £406,500
sale date: 25 Sep 2015
rooms: 4
size: 915 sq ft
sale price: £350,000
sale date: 28 Aug 2015
rooms: 4
size: 883 sq ft
sale price: £226,000
sale date: 17 May 2013
rooms: 4
size: 969 sq ft
sale price: £243,500
sale date: 20 Oct 2008
rooms: 4
size: 883 sq ft
sale price: £180,000
sale date: 30 Mar 2007

Data Sources

The property at 40 Lockwood Square, London, SE16 2HS appears two times in the Land Registry records, with the latest transaction recorded on 22 Jun 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Feb 2015. 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.