Flat 24, 197 Long Lane, London, SE1 4PD is a leasehold flat built between 2003-2006. The property offers approximately 495 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 £534,389 , which equates to approximately £1,079 per square foot. It was last sold on 13 May 2011 for £320,000. Since then, the value has increased by £214,389, representing a 67.0% increase, or approximately 4.6% per year.

The current estimated value of £534,389 is:

  • 23.3% lower than the average property price on Long Lane
  • 3.4% higher than the average in the SE1 4PD postcode area
  • and 36.1% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 16 February 2021, the property was recorded as rented.

View sold house prices in SE1 4PD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£534,389
Price Per sq ft (estimate)
£1,079
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 24, 197 Long Lane, London, Southwark, Greater London, SE1 4PD has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Feb 2021.

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 3 Feb 2011. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

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 wall construction or insulation changed from timber frame, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 42% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 42% of fixed outlets
Average

Compared to SE1 4PD

23 rd / 75
Price Rank
3% higher than average
35 th / 63
Size Rank
14% smaller than average
10 th / 63
Price Per Sq FT Rank
20% higher than average

Compared to other properties in SE1 4PD , this flat's estimated value ranks 23th out of 75. Based on price per square foot, it ranks 10th out of 63 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 35th out of 63 properties in its postcode area.

Sale History

Today
£534,389
streetscan.co.uk estimate
+67 %
13 May 2011
£320,000
Leasehold
+24 %
13 Dec 2006
£258,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £390,000
sale date: 28 May 2021
rooms: 2
size: 474 sq ft
sale price: £457,500
sale date: 28 Aug 2019
rooms: 2
size: 470 sq ft
sale price: £460,000
sale date: 7 Dec 2018
rooms: 3
size: 538 sq ft
sale price: £290,000
sale date: 31 Jan 2017
rooms: 2
size: 451 sq ft
sale price: £446,000
sale date: 1 Mar 2016

Data Sources

The property at Flat 24, 197 Long Lane, London, SE1 4PD appears two times in the Land Registry records, with the latest transaction recorded on 13 May 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Feb 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.