Flat 2, 197 Long Lane, London, SE1 4PD is a leasehold flat built between 1991-1995. The property offers approximately 635 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £424,022 , which equates to approximately £668 per square foot. It was last sold on 21 Dec 2006 for £225,000. Since then, the value has increased by £199,022, representing a 88.5% increase, or approximately 4.6% per year.

The current estimated value of £424,022 is:

  • 39.2% lower than the average property price on Long Lane
  • 18.0% lower than the average in the SE1 4PD postcode area
  • and 49.3% lower than the average price for London as a whole

View sold house prices in SE1 4PD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£424,022
Price Per sq ft (estimate)
£668
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 197 Long Lane, London, Southwark, Greater London Authority, SE1 4PD has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 29 Jul 2019.

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.

The previous EPC assessment was conducted on 10 Jul 2009, and the property received the same rating of B with an unchanged energy efficiency score of 81.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SE1 4PD

71 st / 75
Price Rank
18% lower than average
18 th / 63
Size Rank
11% bigger than average
61 st / 63
Price Per Sq FT Rank
26% lower than average

Compared to other properties in SE1 4PD , this flat's estimated value ranks 71th out of 75. Based on price per square foot, it ranks 61th out of 63 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 18th out of 63 properties in its postcode area.

Sale History

Today
£424,022
streetscan.co.uk estimate
+88 %
21 Dec 2006
£225,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £390,000
sale date: 28 May 2021
rooms: 3
size: 646 sq ft
sale price: £137,500
sale date: 25 Jan 2019
rooms: 2
size: 700 sq ft
sale price: £350,000
sale date: 12 Jul 2013
rooms: 2
size: 657 sq ft
sale price: £319,500
sale date: 12 Sep 2007
rooms: 3
size: 710 sq ft
sale price: £380,000
sale date: 26 Jan 2007

Data Sources

The property at Flat 2, 197 Long Lane, London, Southwark, Greater London Authority, SE1 4PD appears once in the Land Registry records, with the transaction recorded on 21 Dec 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jul 2019. 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.