51 New Place Square, London, SE16 2HW is a leasehold flat built between 1976-1982. The property offers approximately 904 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £280,490 , which equates to approximately £310 per square foot. It was last sold on 1 Aug 2012 for £190,000. Since then, the value has increased by £90,490, representing a 47.6% increase, or approximately 3.6% per year.

The current estimated value of £280,490 is:

  • 10.1% lower than the average property price on New Place Square
  • 31.9% lower than the average in the SE16 2HW postcode area
  • and 68.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 27 October 2022, the property was recorded as rented.

View sold house prices in SE16 2HW

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
904 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£280,490
Price Per sq ft (estimate)
£310
Bedroom Count (estimate)
3 bedrooms

EPC Summary

51 New Place Square, London, Southwark, Greater London, SE16 2HW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Oct 2022.

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 windows are fully double glazed.

The previous EPC assessment was conducted on 5 Apr 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 22.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, limited insulation (assumed), improving energy efficiency from very poor to poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 2HW

12 th / 15
Price Rank
32% lower than average
6 th / 13
Size Rank
12% bigger than average
13 th / 13
Price Per Sq FT Rank
39% lower than average

Compared to other properties in SE16 2HW , this flat's estimated value ranks 12th out of 15. Based on price per square foot, it ranks 13th out of 13 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 6th out of 13 properties in its postcode area.

Sale History

Today
£280,490
streetscan.co.uk estimate
+48 %
1 Aug 2012
£190,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1023 sq ft
sale price: £450,000
sale date: 29 Nov 2024
rooms: 5
size: 926 sq ft
sale price: £367,000
sale date: 8 Oct 2014
rooms: 5
size: 936 sq ft
sale price: £240,000
sale date: 7 Dec 2007
rooms: 6
size: 990 sq ft
sale price: £130,000
sale date: 5 Jan 2001
rooms: 5
size: 915 sq ft
sale price: £405,000
sale date: 19 Mar 2021

Data Sources

The property at 51 New Place Square, London, Southwark, Greater London, SE16 2HW appears once in the Land Registry records, with the transaction recorded on 1 Aug 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Oct 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.


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