Flat 2, Axis Court, 2 East Lane, London, SE16 4UQ is a leasehold flat built between 2007-2011. The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £289,088 , which equates to approximately £597 per square foot. It was last sold on 12 Dec 2014 for £258,000. Since then, the value has increased by £31,088, representing a 12.0% increase, or approximately 1.1% per year.

The current estimated value of £289,088 is:

  • 52.3% lower than the average property price on East Lane
  • 46.6% lower than the average in the SE16 4UQ postcode area
  • and 67.0% lower than the average price for London as a whole

At the most recent EPC inspection on 23 November 2020, the property was recorded as rented.

View sold house prices in SE16 4UQ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£289,088
Price Per sq ft (estimate)
£597
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Axis Court, 2 East Lane, London, Southwark, Greater London, SE16 4UQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Nov 2020.

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 1 Apr 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 15.9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 4UQ

22 nd / 33
Price Rank
47% lower than average
18 th / 30
Size Rank
22% smaller than average
24 th / 30
Price Per Sq FT Rank
32% lower than average

Compared to other properties in SE16 4UQ , this flat's estimated value ranks 22th out of 33. Based on price per square foot, it ranks 24th out of 30 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 30 properties in its postcode area.

Sale History

Today
£289,088
streetscan.co.uk estimate
+12 %
12 Dec 2014
£258,000
Leasehold
+23.9 %
8 Sep 2005
£208,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 537 sq ft
sale price: £401,000
sale date: 10 Feb 2015
rooms: 2
size: 452 sq ft
sale price: £325,000
sale date: 17 Jun 2013
rooms: 2
size: 509 sq ft
sale price: £320,000
sale date: 19 Nov 2012
rooms: 2
size: 530 sq ft
sale price: £335,000
sale date: 22 Jun 2007
rooms: 2
size: 506 sq ft
sale price: £208,250
sale date: 5 Sep 2005

Data Sources

The property at Flat 2, Axis Court, 2 East Lane, London, SE16 4UQ appears two times in the Land Registry records, with the latest transaction recorded on 12 Dec 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Nov 2020. 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.