Flat 116, Vancouver House Needleman Street, London, SE16 7BW is a leasehold flat built in 2012 onwards. The property offers approximately 398 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £409,991 , which equates to approximately £1,029 per square foot. It was last sold on 16 Mar 2012 for £259,180. Since then, the value has increased by £150,811, representing a 58.2% increase, or approximately 4.2% per year.

The current estimated value of £409,991 is:

  • 18.7% lower than the average property price on Needleman Street
  • 16.2% lower than the average in the SE16 7BW postcode area
  • and 53.2% lower than the average price for London as a whole

At the most recent EPC inspection on 14 March 2022, the property was recorded as rented.

View sold house prices in SE16 7BW

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£409,991
Price Per sq ft (estimate)
£1,029
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 116, Vancouver House Needleman Street, London, Southwark, Greater London, SE16 7BW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Mar 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Feb 2012. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (community scheme).
  • The hot water energy efficiency changing from very good to good, while the system remained as community scheme.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in 89% of fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to SE16 7BW

49 th / 55
Price Rank
16% lower than average
52 nd / 54
Size Rank
34% smaller than average
2 nd / 54
Price Per Sq FT Rank
27% higher than average

Compared to other properties in SE16 7BW , this flat's estimated value ranks 49th out of 55. Based on price per square foot, it ranks 2nd out of 54 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 52th out of 54 properties in its postcode area.

Sale History

Today
£409,991
streetscan.co.uk estimate
+58 %
16 Mar 2012
£259,180
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 398 sq ft
sale price: £345,000
sale date: 26 Apr 2024
rooms: 1
size: 431 sq ft
sale price: £360,000
sale date: 18 Feb 2016
rooms: 2
size: 452 sq ft
sale price: £305,000
sale date: 23 Nov 2012
rooms: 1
size: 366 sq ft
sale price: £275,000
sale date: 17 Jun 2011

Data Sources

The property at Flat 116, Vancouver House Needleman Street, London, Southwark, Greater London, SE16 7BW appears once in the Land Registry records, with the transaction recorded on 16 Mar 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 2022. 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.