Flat 1, 59 Wells Way, London, SE5 7UB is a leasehold flat built between 2003-2006. The property offers approximately 624 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 £363,356 , which equates to approximately £582 per square foot. It was last sold on 18 May 2017 for £377,000. Since then, the value has decreased by £13,644, representing a 3.6% decrease, or approximately 0.4% per year.

The current estimated value of £363,356 is:

  • 33.0% lower than the average property price on Wells Way
  • 16.0% lower than the average in the SE5 7UB postcode area
  • and 56.5% lower than the average price for London as a whole

At the most recent EPC inspection on 23 September 2021, the property was recorded as rented.

View sold house prices in SE5 7UB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£363,356
Price Per sq ft (estimate)
£582
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 59 Wells Way, London, Southwark, Greater London, SE5 7UB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Sep 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Aug 2012. The rating of D is unchanged, though the energy efficiency score decreased by 7.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 7UB

13 th / 15
Price Rank
16% lower than average
11 th / 12
Size Rank
24% smaller than average
2 nd / 12
Price Per Sq FT Rank
10% higher than average

Compared to other properties in SE5 7UB , this flat's estimated value ranks 13th out of 15. Based on price per square foot, it ranks 2nd out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 11th out of 12 properties in its postcode area.

Sale History

Today
£363,356
streetscan.co.uk estimate
-4 %
18 May 2017
£377,000
Leasehold
+62.5 %
16 Nov 2012
£232,000
Leasehold
+23.4 %
27 Feb 2004
£187,995
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 678 sq ft
sale price: £365,000
sale date: 10 Aug 2020
Flat 4, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 665 sq ft
sale price: £187,495
sale date: 18 Dec 2003
Flat 8, 59 Wells Way, London, SE5 7UB
rooms: 2
size: 603 sq ft
sale price: £188,495
sale date: 12 Dec 2003
133A Wells Way, London, SE5 7SZ
rooms: 3
size: 700 sq ft
sale price: £535,000
sale date: 31 Oct 2019
Flat 8, 63 Wells Way, London, SE5 7GB
rooms: 3
size: 590 sq ft
sale price: £150,000
sale date: 29 Feb 2012

Data Sources

The property at Flat 1, 59 Wells Way, London, SE5 7UB appears three times in the Land Registry records, with the latest transaction recorded on 18 May 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Sep 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.
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