Flat 1, 161 Lower Road, London, SE16 2XL is a leasehold flat built between 1900-1929. The property offers approximately 506 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 £386,324 , which equates to approximately £764 per square foot. It was last sold on 6 Mar 2007 for £219,370. Since then, the value has increased by £166,954, representing a 76.1% increase, or approximately 4.1% per year.

The current estimated value of £386,324 is:

  • 18.1% lower than the average property price on Lower Road
  • 23.6% lower than the average in the SE16 2XL postcode area
  • and 55.9% 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 29 March 2021, the property was recorded as rented.

View sold house prices in SE16 2XL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
506 sq ft
Tenure
Leasehold
Price (estimate)
£386,324
Price Per sq ft (estimate)
£764
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 161 Lower Road, London, Southwark, Greater London, SE16 2XL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Mar 2021.

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 have some double glazing.

The previous EPC assessment was conducted on 26 Jan 2011. The rating of D remains the same, but the energy efficiency score improved by 20%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from partial double glazing to some double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor 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
Some double glazing
Poor
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to SE16 2XL

12 th / 19
Price Rank
24% lower than average
6 th / 6
Size Rank
29% smaller than average
3 rd / 6
Price Per Sq FT Rank
7% higher than average

Compared to other properties in SE16 2XL , this flat's estimated value ranks 12th out of 19. Based on price per square foot, it ranks 3rd out of 6 properties. In terms of size, this home ranks 6th out of 6 properties in its postcode area.

Sale History

Today
£386,324
streetscan.co.uk estimate
+76 %
6 Mar 2007
£219,370
Leasehold
+56.7 %
27 May 2003
£140,000
Leasehold
+60 %
3 Sep 1999
£87,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £344,000
sale date: 13 Apr 2021
rooms: 2
size: 543 sq ft
sale price: £215,000
sale date: 24 Jun 2011
rooms: 3
size: 527 sq ft
sale price: £170,000
sale date: 18 Feb 2003
rooms: 3
size: 549 sq ft
sale price: £114,500
sale date: 3 Dec 1999
rooms: 4
size: 581 sq ft
sale price: £435,200
sale date: 4 Sep 2019

Data Sources

The property at Flat 1, 161 Lower Road, London, SE16 2XL appears three times in the Land Registry records, with the latest transaction recorded on 6 Mar 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Mar 2021. 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.