Flat 24, Meridian Court, 7 East Lane, London, SE16 4UF is a leasehold flat built between 2007-2011. The property offers approximately 495 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £572,000 , which equates to approximately £1,155 per square foot. It was last sold on 28 Apr 2005 for £260,000. Since then, the value has increased by £312,000, representing a 120.0% increase, or approximately 5.8% per year.

The current estimated value of £572,000 is:

  • 7.1% lower than the average property price on East Lane
  • 7.8% lower than the average in the SE16 4UF postcode area
  • and 31.5% lower than the average price for London as a whole

At the most recent EPC inspection on 13 January 2021, the property was recorded as rented.

View sold house prices in SE16 4UF

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£572,000
Price Per sq ft (estimate)
£1,155
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 24, Meridian Court, 7 East Lane, London, Southwark, Greater London, SE16 4UF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Jan 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 Aug 2009. The rating of C remains the same, but the energy efficiency score improved by 6.8%.

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 system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was changed from low energy lighting in 30% of fixed outlets to low energy lighting in 31% of fixed outlets, with no change in efficiency (average).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 31% of fixed outlets
Average

Compared to SE16 4UF

23 rd / 35
Price Rank
8% lower than average
28 th / 30
Size Rank
27% smaller than average
5 th / 30
Price Per Sq FT Rank
26% higher than average

Compared to other properties in SE16 4UF , this flat's estimated value ranks 23th out of 35. Based on price per square foot, it ranks 5th out of 30 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 28th out of 30 properties in its postcode area.

Sale History

Today
£572,000
streetscan.co.uk estimate
+120 %
28 Apr 2005
£260,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 441 sq ft
sale price: £250,000
sale date: 6 Sep 2013
rooms: 2
size: 527 sq ft
sale price: £400,000
sale date: 21 Apr 2008
rooms: 2
size: 527 sq ft
sale price: £260,000
sale date: 29 Apr 2005
rooms: 2
size: 527 sq ft
sale price: £285,000
sale date: 27 Apr 2005
rooms: 2
size: 549 sq ft
sale price: £245,000
sale date: 13 Apr 2005

Data Sources

The property at Flat 24, Meridian Court, 7 East Lane, London, Southwark, Greater London, SE16 4UF appears once in the Land Registry records, with the transaction recorded on 28 Apr 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jan 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.