Flat 2, Whitmore Building, 3 Arts Lane, London, SE16 3GB is a leasehold flat The property offers approximately 549 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 £131,336 , which equates to approximately £239 per square foot. It was last sold on 29 Jan 2024 for £125,000. Since then, the value has increased by £6,336, representing a 5.1% increase, or approximately 2.7% per year.

The current estimated value of £131,336 is:

  • 73.4% lower than the average property price on Arts Lane
  • 70.0% lower than the average in the SE16 3GB postcode area
  • and 85.0% lower than the average price for London as a whole

View sold house prices in SE16 3GB

Building approximate location

About Property

Type
Flat
Built
Interior Size
549 sq ft
Tenure
Leasehold
Price (estimate)
£131,336
Price Per sq ft (estimate)
£239
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Whitmore Building, 3 Arts Lane, London, Southwark, Greater London Authority, SE16 3GB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Jul 2014.

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 high performance glazing.

Heating Type
Community scheme
Very Good
Hot Water
Community scheme
Very Good
Floor
Average thermal transmittance 0.15 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.15 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 3GB

24 th / 26
Price Rank
70% lower than average
19 th / 26
Size Rank
23% smaller than average
21 st / 26
Price Per Sq FT Rank
61% lower than average

Compared to other properties in SE16 3GB , this flat's estimated value ranks 24th out of 26. Based on price per square foot, it ranks 21th out of 26 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 19th out of 26 properties in its postcode area.

Sale History

Today
£131,336
streetscan.co.uk estimate
+5 %
29 Jan 2024
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 538 sq ft
sale price: £443,000
sale date: 4 Oct 2024
rooms:
size: 538 sq ft
sale price: £460,000
sale date: 2 Dec 2022
rooms:
size: 538 sq ft
sale price: £440,000
sale date: 27 May 2022
rooms:
size: 538 sq ft
sale price: £184,000
sale date: 28 Feb 2017
rooms:
size: 538 sq ft
sale price: £106,250
sale date: 15 Jul 2016

Data Sources

The property at Flat 2, Whitmore Building, 3 Arts Lane, London, Southwark, Greater London Authority, SE16 3GB appears once in the Land Registry records, with the transaction recorded on 29 Jan 2024. It also has a single Energy Performance Certificate (EPC) from 17 Jul 2014. 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.