Flat 11, 59 Wells Way, London, SE5 7UB is a leasehold flat built between 2003-2006. The property offers approximately 721 square feet of living space and is situated on the 3rd floor of a 5-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £353,023 , which equates to approximately £490 per square foot. It was last sold on 29 Jul 2011 for £225,000. Since then, the value has increased by £128,023, representing a 56.9% increase, or approximately 4.0% per year.

The current estimated value of £353,023 is:

  • 34.9% lower than the average property price on Wells Way
  • 18.4% lower than the average in the SE5 7UB postcode area
  • and 57.8% lower than the average price for London as a whole

At the most recent EPC inspection on 4 December 2010, the property was recorded as owner-occupied.

View sold house prices in SE5 7UB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
3rd floor of 5
Price (estimate)
£353,023
Price Per sq ft (estimate)
£490
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 11, 59 Wells Way, London, Southwark, Greater London Authority, SE5 7UB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 4 Dec 2010.

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.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to SE5 7UB

15 th / 15
Price Rank
18% lower than average
8 th / 12
Size Rank
12% smaller than average
6 th / 12
Price Per Sq FT Rank
7% lower than average

Compared to other properties in SE5 7UB , this flat's estimated value ranks 15th out of 15. Based on price per square foot, it ranks 6th out of 12 properties. In terms of size, this home ranks 8th out of 12 properties in its postcode area.

Sale History

Today
£353,023
streetscan.co.uk estimate
+57 %
29 Jul 2011
£225,000
Leasehold
+34.3 %
12 Dec 2003
£167,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £365,000
sale date: 10 Aug 2020
rooms: 3
size: 624 sq ft
sale price: £377,000
sale date: 18 May 2017
rooms: 3
size: 665 sq ft
sale price: £187,495
sale date: 18 Dec 2003
rooms: 3
size: 743 sq ft
sale price: £212,500
sale date: 6 Jun 2022
rooms: 3
size: 700 sq ft
sale price: £535,000
sale date: 31 Oct 2019

Data Sources

The property at Flat 11, 59 Wells Way, London, SE5 7UB appears two times in the Land Registry records, with the latest transaction recorded on 29 Jul 2011. It also has a single Energy Performance Certificate (EPC) from 4 Dec 2010. 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.