56 Finland Street, London, SE16 7TP is a leasehold flat built between 1996-2002. The property offers approximately 484 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £258,317 , which equates to approximately £533 per square foot. It was last sold on 30 Jun 1999 for £54,000. Since then, the value has increased by £204,317, representing a 378.4% increase, or approximately 14.3% per year.

The current estimated value of £258,317 is:

  • 51.2% lower than the average property price on Finland Street
  • 48.4% lower than the average in the SE16 7TP postcode area
  • and 70.5% lower than the average price for London as a whole

View sold house prices in SE16 7TP

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£258,317
Price Per sq ft (estimate)
£533
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Finland Street, London, Southwark, Greater London Authority, SE16 7TP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Jul 2020.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Feb 2010, and the property received the same rating of C with an unchanged energy efficiency score of 69.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7TP

50 th / 50
Price Rank
48% lower than average
38 th / 49
Size Rank
31% smaller than average
47 th / 49
Price Per Sq FT Rank
25% lower than average

Compared to other properties in SE16 7TP , this flat's estimated value ranks 50th out of 50. Based on price per square foot, it ranks 47th out of 49 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 38th out of 49 properties in its postcode area.

Sale History

Today
£258,317
streetscan.co.uk estimate
+378 %
30 Jun 1999
£54,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £319,600
sale date: 13 Sep 2024
rooms: 2
size: 495 sq ft
sale price: £307,000
sale date: 12 Sep 2024
rooms: 2
size: 484 sq ft
sale price: £370,000
sale date: 14 Dec 2023
rooms: 2
size: 474 sq ft
sale price: £345,000
sale date: 15 Sep 2021
rooms: 2
size: 538 sq ft
sale price: £375,000
sale date: 28 Jun 2021

Data Sources

The property at 56 Finland Street, London, Southwark, Greater London Authority, SE16 7TP appears once in the Land Registry records, with the transaction recorded on 30 Jun 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2020. 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.