Flat 14, 59 Wells Way, London, SE5 7UB is a leasehold flat built between 2003-2006. The property offers approximately 1,238 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £567,007 , which equates to approximately £458 per square foot. It was last sold on 12 Dec 2003 for £237,000. Since then, the value has increased by £330,007, representing a 139.2% increase, or approximately 6.3% per year.

The current estimated value of £567,007 is:

  • 4.5% higher than the average property price on Wells Way
  • 31.0% higher than the average in the SE5 7UB postcode area
  • and 32.1% lower than the average price for London as a whole

At the most recent EPC inspection on 23 August 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
1238 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£567,007
Price Per sq ft (estimate)
£458
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 14, 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 Aug 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 21 Jun 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from (another dwelling above) to pitched, insulated (assumed), improving energy efficiency from n/a to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 7UB

1 st / 15
Price Rank
31% higher than average
1 st / 12
Size Rank
51% bigger than average
12 th / 12
Price Per Sq FT Rank
13% lower than average

Compared to other properties in SE5 7UB , this flat's estimated value ranks 1st out of 15. Based on price per square foot, it ranks 12th out of 12 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 1st out of 12 properties in its postcode area.

Sale History

Today
£567,007
streetscan.co.uk estimate
+139 %
12 Dec 2003
£237,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 113 Wells Way, London, SE5 7SZ
rooms: 3
size: 1141 sq ft
sale price: £850,000
sale date: 13 Dec 2021

Data Sources

The property at Flat 14, 59 Wells Way, London, Southwark, Greater London, SE5 7UB appears once in the Land Registry records, with the transaction recorded on 12 Dec 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Aug 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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