Flat 1, 1 South Sea Street, London, SE16 7US 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 £850,273 , which equates to approximately £1,013 per square foot. It was last sold on 31 Dec 1997 for £141,000. Since then, the value has increased by £709,273, representing a 503.0% increase, or approximately 18.0% per year.

The current estimated value of £850,273 is:

  • 25.0% higher than the average property price on South Sea Street
  • 37.5% higher than the average in the SE16 7US postcode area
  • and 2.9% lower than the average price for London as a whole

At the most recent EPC inspection on 10 October 2008, the property was recorded as owner-occupied.

View sold house prices in SE16 7US

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
840 sq ft
Tenure
Leasehold
Price (estimate)
£850,273
Price Per sq ft (estimate)
£1,013
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, 1 South Sea Street, London, Southwark, Greater London Authority, SE16 7US has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Feb 2019.

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 Oct 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.9%.

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 timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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 7US

4 th / 10
Price Rank
38% higher than average
2 nd / 9
Size Rank
7% bigger than average
5 th / 9
Price Per Sq FT Rank
29% higher than average

Compared to other properties in SE16 7US , this flat's estimated value ranks 4th out of 10. Based on price per square foot, it ranks 5th out of 9 properties. In terms of size, this home ranks 2nd out of 9 properties in its postcode area.

Sale History

Today
£850,273
streetscan.co.uk estimate
+503 %
31 Dec 1997
£141,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, 1 South Sea Street, London, SE16 7US
rooms: 3
size: 753 sq ft
sale price: £417,500
sale date: 17 Jan 2014

Data Sources

The property at Flat 1, 1 South Sea Street, London, Southwark, Greater London Authority, SE16 7US appears once in the Land Registry records, with the transaction recorded on 31 Dec 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Feb 2019. 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.
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