Flat 29, Axis Court, 2 East Lane, London, SE16 4UQ is a leasehold flat built between 2003-2006. The property offers approximately 334 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £347,487 , which equates to approximately £1,041 per square foot. It was last sold on 9 Apr 2010 for £205,000. Since then, the value has increased by £142,487, representing a 69.5% increase, or approximately 4.4% per year.

The current estimated value of £347,487 is:

  • 42.6% lower than the average property price on East Lane
  • 35.8% lower than the average in the SE16 4UQ postcode area
  • and 60.3% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 25 October 2019, the property was recorded as owner-occupied.

View sold house prices in SE16 4UQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
334 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£347,487
Price Per sq ft (estimate)
£1,041
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 29, Axis Court, 2 East Lane, London, Southwark, Greater London Authority, SE16 4UQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Oct 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 20 Oct 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 20%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency changing from average to poor.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to good.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, 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 all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 4UQ

32 nd / 33
Price Rank
36% lower than average
29 th / 30
Size Rank
46% smaller than average
7 th / 30
Price Per Sq FT Rank
19% higher than average

Compared to other properties in SE16 4UQ , this flat's estimated value ranks 32th out of 33. Based on price per square foot, it ranks 7th 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 29th out of 30 properties in its postcode area.

Sale History

Today
£347,487
streetscan.co.uk estimate
+70 %
9 Apr 2010
£205,000
Leasehold
+13.5 %
29 Sep 2005
£180,625
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 355 sq ft
sale price: £328,000
sale date: 24 Apr 2018
rooms: 1
size: 355 sq ft
sale price: £220,000
sale date: 26 Sep 2013
rooms: 1
size: 344 sq ft
sale price: £202,000
sale date: 30 Aug 2013
rooms: 1
size: 377 sq ft
sale price: £198,000
sale date: 31 Jul 2013
rooms: 1
size: 329 sq ft
sale price: £190,000
sale date: 18 Jan 2013

Data Sources

The property at Flat 29, Axis Court, 2 East Lane, London, SE16 4UQ appears two times in the Land Registry records, with the latest transaction recorded on 9 Apr 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Oct 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.


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