Flat 2, 1 South Sea Street, London, SE16 7US is a leasehold flat built between 1996-2002. The property offers approximately 753 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £527,843 , which equates to approximately £701 per square foot. It was last sold on 17 Jan 2014 for £417,500. Since then, the value has increased by £110,343, representing a 26.4% increase, or approximately 2.2% per year.

The current estimated value of £527,843 is:

  • 22.4% lower than the average property price on South Sea Street
  • 14.6% lower than the average in the SE16 7US postcode area
  • and 39.7% lower than the average price for London as a whole

At the most recent EPC inspection on 28 November 2022, the property was recorded as owner-occupied.

View sold house prices in SE16 7US

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
753 sq ft
Tenure
Leasehold
Price (estimate)
£527,843
Price Per sq ft (estimate)
£701
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 1 South Sea Street, London, Southwark, Greater London, SE16 7US has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Nov 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Sep 2009, and the property received the same rating of D with an unchanged energy efficiency score of 62.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7US

3 rd / 10
Price Rank
15% lower than average
3 rd / 9
Size Rank
4% smaller than average
1 st / 9
Price Per Sq FT Rank
11% lower than average

Compared to other properties in SE16 7US , this flat's estimated value ranks 3rd out of 10. Based on price per square foot, it ranks 1st out of 9 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 3rd out of 9 properties in its postcode area.

Sale History

Today
£527,843
streetscan.co.uk estimate
+26 %
17 Jan 2014
£417,500
Leasehold
+192.1 %
19 Dec 1997
£142,950
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 8, 1 South Sea Street, London, SE16 7US
rooms: 3
size: 689 sq ft
sale price: £480,000
sale date: 22 Jan 2021
Flat 5, 1 South Sea Street, London, SE16 7US
rooms: 3
size: 681 sq ft
sale price: £580,000
sale date: 21 Sep 2015
Flat 3, 1 South Sea Street, London, SE16 7US
rooms: 3
size: 689 sq ft
sale price: £199,500
sale date: 3 Aug 2001
Flat 1, 1 South Sea Street, London, SE16 7US
rooms: 3
size: 840 sq ft
sale price: £141,000
sale date: 31 Dec 1997
Flat 6, 1 South Sea Street, London, SE16 7US
rooms: 3
size: 678 sq ft
sale price: £114,950
sale date: 23 Dec 1997

Data Sources

The property at Flat 2, 1 South Sea Street, London, SE16 7US appears two times in the Land Registry records, with the latest transaction recorded on 17 Jan 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Nov 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.
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