Flat 3, Watkins House, 40 Hermitage Lane, London, SE25 5HH is a leasehold flat built between 2007-2011. The property offers approximately 409 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 £213,967 , which equates to approximately £523 per square foot. It was last sold on 7 Aug 2015 for £180,000. Since then, the value has increased by £33,967, representing a 18.9% increase, or approximately 1.8% per year.

The current estimated value of £213,967 is:

  • 81.5% lower than the average property price on Hermitage Lane
  • 41.0% lower than the average in the SE25 5HH postcode area
  • and 75.6% lower than the average price for London as a whole

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

View sold house prices in SE25 5HH

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£213,967
Price Per sq ft (estimate)
£523
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Watkins House, 40 Hermitage Lane, London, Croydon, Greater London, SE25 5HH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Oct 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Dec 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.02 w/m?k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.33 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 29% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to SE25 5HH

15 th / 21
Price Rank
41% lower than average
4 th / 10
Size Rank
18% smaller than average
8 th / 10
Price Per Sq FT Rank
28% lower than average

Compared to other properties in SE25 5HH , this flat's estimated value ranks 15th out of 21. Based on price per square foot, it ranks 8th out of 10 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 4th out of 10 properties in its postcode area.

Sale History

Today
£213,967
streetscan.co.uk estimate
+19 %
7 Aug 2015
£180,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, Watkins House, 40 Hermitage Lane, London, SE25 5HH
rooms: 2
size: 366 sq ft
sale price: £200,000
sale date: 19 Apr 2022
Flat 2, Watkins House, 40 Hermitage Lane, London, SE25 5HH
rooms: 2
size: 409 sq ft
sale price: £155,000
sale date: 13 Jun 2014
Flat 1, Hermitage Court Hermitage Lane, London, NW2 2HA
rooms: 3
size: 366 sq ft
sale price: £225,000
sale date: 19 Nov 2007

Data Sources

The property at Flat 3, Watkins House, 40 Hermitage Lane, London, Croydon, Greater London, SE25 5HH appears once in the Land Registry records, with the transaction recorded on 7 Aug 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Oct 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.
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