Flat 1, 388 Southwark Park Road, London, SE16 2ET is a leasehold flat The property offers approximately 592 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 £425,462 , which equates to approximately £719 per square foot. It was last sold on 23 Sep 2016 for £440,000. Since then, the value has decreased by £14,538, representing a 3.3% decrease, or approximately 0.4% per year.

The current estimated value of £425,462 is:

  • 24.7% lower than the average property price on Southwark Park Road
  • 18.7% lower than the average in the SE16 2ET postcode area
  • and 51.4% lower than the average price for London as a whole

View sold house prices in SE16 2ET

Building approximate location

About Property

Type
Flat
Built
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£425,462
Price Per sq ft (estimate)
£719
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 388 Southwark Park Road, London, Southwark, Greater London Authority, SE16 2ET has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 21 Nov 2013.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Floor
Average thermal transmittance 0.17 W/m?K
Very Good
Walls
Average thermal transmittance 0.17 W/m?K
Very Good
Windows
Fully double glazed
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 2ET

17 th / 24
Price Rank
19% lower than average
14 th / 16
Size Rank
29% smaller than average
11 th / 16
Price Per Sq FT Rank
14% higher than average

Compared to other properties in SE16 2ET , this flat's estimated value ranks 17th out of 24. Based on price per square foot, it ranks 11th out of 16 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 14th out of 16 properties in its postcode area.

Sale History

Today
£425,462
streetscan.co.uk estimate
-3 %
23 Sep 2016
£440,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 678 sq ft
sale price: £160,000
sale date: 30 Nov 2022
rooms:
size: 667 sq ft
sale price: £100,000
sale date: 1 Oct 2021
rooms: 2
size: 549 sq ft
sale price: £395,000
sale date: 23 Dec 2014
rooms: 2
size: 570 sq ft
sale price: £330,000
sale date: 6 Feb 2025
rooms: 3
size: 560 sq ft
sale price: £350,000
sale date: 6 Dec 2024

Data Sources

The property at Flat 1, 388 Southwark Park Road, London, Southwark, Greater London Authority, SE16 2ET appears once in the Land Registry records, with the transaction recorded on 23 Sep 2016. It also has a single Energy Performance Certificate (EPC) from 21 Nov 2013. 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.