Apartment 3, Somerville Point, 305 Rotherhithe Street, London, SE16 5EQ is a leasehold flat built between 1996-2002. The property offers approximately 840 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £498,507 , which equates to approximately £594 per square foot. It was last sold on 31 Jul 2024 for £495,000. Since then, the value has increased by £3,507, representing a 0.7% increase, or approximately 0.5% per year.

The current estimated value of £498,507 is:

  • 28.1% lower than the average property price on Rotherhithe Street
  • 30.2% lower than the average in the SE16 5EQ postcode area
  • and 43.0% 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 2 January 2023, the property was recorded as owner-occupied.

View sold house prices in SE16 5EQ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
840 sq ft
Tenure
Leasehold
Price (estimate)
£498,507
Price Per sq ft (estimate)
£594
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 3, Somerville Point, 305 Rotherhithe Street, London, Southwark, Greater London, SE16 5EQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Jan 2023.

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 23 Dec 2010. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
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 5EQ

43 rd / 48
Price Rank
30% lower than average
30 th / 43
Size Rank
12% smaller than average
31 st / 43
Price Per Sq FT Rank
20% lower than average

Compared to other properties in SE16 5EQ , this flat's estimated value ranks 43th out of 48. Based on price per square foot, it ranks 31th out of 43 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 43 properties in its postcode area.

Sale History

Today
£498,507
streetscan.co.uk estimate
+1 %
31 Jul 2024
£495,000
Leasehold
+36.5 %
7 Oct 2011
£362,750
Leasehold
+45.1 %
13 Feb 2004
£249,995
Leasehold
+54.8 %
30 Sep 1999
£161,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £500,000
sale date: 30 Oct 2024
rooms: 3
size: 797 sq ft
sale price: £480,000
sale date: 6 Sep 2024
rooms: 3
size: 786 sq ft
sale price: £495,000
sale date: 14 May 2024
rooms: 3
size: 764 sq ft
sale price: £590,000
sale date: 12 Aug 2022
rooms: 4
size: 958 sq ft
sale price: £750,000
sale date: 29 Jun 2022

Data Sources

The property at Apartment 3, Somerville Point, 305 Rotherhithe Street, London, SE16 5EQ appears four times in the Land Registry records, with the latest transaction recorded on 31 Jul 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jan 2023. 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.