Flat 34, Whitmore Building, 3 Arts Lane, London, SE16 3GB is a leasehold flat The property offers approximately 646 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £176,102 , which equates to approximately £273 per square foot. It was last sold on 28 Jun 2023 for £171,500. Since then, the value has increased by £4,602, representing a 2.7% increase, or approximately 1.1% per year.

The current estimated value of £176,102 is:

  • 64.3% lower than the average property price on Arts Lane
  • 59.8% lower than the average in the SE16 3GB postcode area
  • and 79.9% 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
646 sq ft
Tenure
Leasehold
Price (estimate)
£176,102
Price Per sq ft (estimate)
£273
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 34, Whitmore Building, 3 Arts Lane, London, Southwark, Greater London Authority, SE16 3GB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Oct 2018.

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.

The previous EPC assessment was conducted on 17 Jul 2014. The rating of B remains the same, but the energy efficiency score improved by 1.2%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from average thermal transmittance 0.15 w/m-¦k to average thermal transmittance 0.18 w/m-¦k, with no change in energy efficiency (very good).
Heating Type
Community scheme
Very Good
Hot Water
Community scheme
Very Good
Roof
Average thermal transmittance 0.13 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.18 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

21 st / 26
Price Rank
60% lower than average
17 th / 26
Size Rank
10% smaller than average
20 th / 26
Price Per Sq FT Rank
55% lower than average

Compared to other properties in SE16 3GB , this flat's estimated value ranks 21th out of 26. Based on price per square foot, it ranks 20th 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 17th out of 26 properties in its postcode area.

Sale History

Today
£176,102
streetscan.co.uk estimate
+3 %
28 Jun 2023
£171,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 549 sq ft
sale price: £125,000
sale date: 29 Jan 2024
rooms:
size: 646 sq ft
sale price: £490,000
sale date: 6 Jul 2023
rooms:
size: 710 sq ft
sale price: £500,000
sale date: 18 Jun 2021
rooms:
size: 624 sq ft
sale price: £400,000
sale date: 16 Dec 2014
rooms: 2
size: 549 sq ft
sale price: £350,000
sale date: 29 Aug 2014

Data Sources

The property at Flat 34, Whitmore Building, 3 Arts Lane, London, Southwark, Greater London Authority, SE16 3GB appears once in the Land Registry records, with the transaction recorded on 28 Jun 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Oct 2018. 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.