Apartment 7, Somerville Point, 305 Rotherhithe Street, London, SE16 5EQ is a leasehold flat built between 1996-2002. The property offers approximately 797 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £491,358 , which equates to approximately £617 per square foot. It was last sold on 6 Sep 2024 for £480,000. Since then, the value has increased by £11,358, representing a 2.4% increase, or approximately 1.9% per year.

The current estimated value of £491,358 is:

  • 29.1% lower than the average property price on Rotherhithe Street
  • 31.2% lower than the average in the SE16 5EQ postcode area
  • and 43.9% lower than the average price for London as a whole

At the most recent EPC inspection on 5 March 2024, 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
797 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£491,358
Price Per sq ft (estimate)
£617
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 7, 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 5 Mar 2024.

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 3 May 2013, and the property received the same rating of C with an unchanged energy efficiency score of 76.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The lighting was changed from low energy lighting in 78% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (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
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 5EQ

47 th / 48
Price Rank
31% lower than average
35 th / 43
Size Rank
17% smaller than average
38 th / 43
Price Per Sq FT Rank
17% lower than average

Compared to other properties in SE16 5EQ , this flat's estimated value ranks 47th out of 48. Based on price per square foot, it ranks 38th 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 35th out of 43 properties in its postcode area.

Sale History

Today
£491,358
streetscan.co.uk estimate
+2 %
6 Sep 2024
£480,000
Leasehold
+226 %
1 Oct 1999
£147,250
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: 840 sq ft
sale price: £495,000
sale date: 31 Jul 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: 3
size: 833 sq ft
sale price: £456,500
sale date: 28 Sep 2021

Data Sources

The property at Apartment 7, Somerville Point, 305 Rotherhithe Street, London, SE16 5EQ appears two times in the Land Registry records, with the latest transaction recorded on 6 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Mar 2024. 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.