70 Red Lion Lane, London, SE18 4LE is a leasehold flat built between 1950-1966. The property offers approximately 581 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 £324,124 , which equates to approximately £558 per square foot. It was last sold on 19 Jan 2017 for £285,000. Since then, the value has increased by £39,124, representing a 13.7% increase, or approximately 1.5% per year.

The current estimated value of £324,124 is:

  • 29.3% lower than the average property price on Red Lion Lane
  • 40.4% lower than the average in the SE18 4LE postcode area
  • and 63.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded 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 9 May 2016, the property was recorded as owner-occupied.

View sold house prices in SE18 4LE

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£324,124
Price Per sq ft (estimate)
£558
Bedroom Count (estimate)
1 bedroom

EPC Summary

70 Red Lion Lane, London, Greenwich, Greater London Authority, SE18 4LE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 May 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Jun 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 46.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to SE18 4LE

45 th / 46
Price Rank
40% lower than average
30 th / 31
Size Rank
39% smaller than average
21 st / 31
Price Per Sq FT Rank
2% lower than average

Compared to other properties in SE18 4LE , this flat's estimated value ranks 45th out of 46. Based on price per square foot, it ranks 21th out of 31 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 30th out of 31 properties in its postcode area.

Sale History

Today
£324,124
streetscan.co.uk estimate
+14 %
19 Jan 2017
£285,000
Leasehold
+83.9 %
28 Aug 2009
£155,000
Leasehold
+158.3 %
31 Mar 1998
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £223,500
sale date: 28 May 2021
rooms: 3
size: 592 sq ft
sale price: £255,000
sale date: 26 Feb 2021
rooms: 3
size: 581 sq ft
sale price: £215,000
sale date: 14 Aug 2020
rooms: 3
size: 592 sq ft
sale price: £265,000
sale date: 10 Jul 2020
rooms: 3
size: 570 sq ft
sale price: £138,000
sale date: 15 Feb 2012

Data Sources

The property at 70 Red Lion Lane, London, SE18 4LE appears three times in the Land Registry records, with the latest transaction recorded on 19 Jan 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 May 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.