7 Wallace Close, London, SE28 8NL is a leasehold flat built between 1976-1982. The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £159,308 , which equates to approximately £329 per square foot. It was last sold on 14 Dec 2012 for £90,000. Since then, the value has increased by £69,308, representing a 77.0% increase, or approximately 5.7% per year.

The current estimated value of £159,308 is:

  • 43.1% lower than the average property price on Wallace Close
  • 44.7% lower than the average in the SE28 8NL postcode area
  • and 80.3% 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 24 March 2022, the property was recorded as rented.

View sold house prices in SE28 8NL

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£159,308
Price Per sq ft (estimate)
£329
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 Wallace Close, London, Bexley, Greater London, SE28 8NL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Mar 2022.

This property uses electric storage 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 10 Mar 2010. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to SE28 8NL

16 th / 20
Price Rank
45% lower than average
14 th / 18
Size Rank
14% smaller than average
16 th / 18
Price Per Sq FT Rank
36% lower than average

Sale History

Today
£159,308
streetscan.co.uk estimate
+77 %
14 Dec 2012
£90,000
Leasehold
+183.9 %
29 Feb 1996
£31,700
Freehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Very low flood risk
Surface water flood hazard
No mapped risk

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has very low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth Very low
  • 0.3m depth Very low
  • 0.6m depth Very low
  • 0.9m depth Very low
  • 1.2m depth Very low
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

Area Insights

Nearby Properties

rooms: 2
size: 205 sq ft
sale price: £45,000
sale date: 23 Apr 1999
rooms: 4
size: 775 sq ft
sale price: £245,000
sale date: 20 Feb 2015
rooms: 2
size: 366 sq ft
sale price: £53,000
sale date: 30 Jul 2001
rooms: 2
size: 388 sq ft
sale price: £90,000
sale date: 20 Aug 2004
rooms: 3
size: 646 sq ft
sale price: £312,000
sale date: 23 May 2022

Data Sources

The property at 7 Wallace Close, London, SE28 8NL appears two times in HM Land Registry records, with the latest transaction recorded on 14 Dec 2012. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 24 Mar 2022. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.