Flat 35, Fairmont House Needleman Street, London, SE16 7AW is a leasehold flat The property offers approximately 752 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 £492,807 , which equates to approximately £654 per square foot. It was last sold on 29 Sep 2017 for £525,000. Since then, the value has decreased by £32,193, representing a 6.1% decrease, or approximately 0.7% per year.

The current estimated value of £492,807 is:

  • 2.2% lower than the average property price on Needleman Street
  • 5.3% lower than the average in the SE16 7AW postcode area
  • and 43.7% lower than the average price for London as a whole

View sold house prices in SE16 7AW

Building approximate location

About Property

Type
Flat
Built
Interior Size
752 sq ft
Tenure
Leasehold
Price (estimate)
£492,807
Price Per sq ft (estimate)
£654
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 35, Fairmont House Needleman Street, London, Southwark, Greater London Authority, SE16 7AW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Jun 2011.

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 fully double glazed.

Heating Type
Community scheme
Very Good
Hot Water
Community scheme
Very Good
Roof
Average thermal transmittance 0.25 W/m?K
Good
Walls
Average thermal transmittance 0.24 W/m?K
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to SE16 7AW

20 th / 46
Price Rank
5% lower than average
12 th / 37
Size Rank
14% bigger than average
29 th / 37
Price Per Sq FT Rank
17% lower than average

Compared to other properties in SE16 7AW , this flat's estimated value ranks 20th out of 46. Based on price per square foot, it ranks 29th out of 37 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 12th out of 37 properties in its postcode area.

Sale History

Today
£492,807
streetscan.co.uk estimate
-6 %
29 Sep 2017
£525,000
Leasehold
+5 %
21 Jan 2015
£499,999
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 753 sq ft
sale price: £490,000
sale date: 13 Sep 2024
rooms: 3
size: 818 sq ft
sale price: £675,000
sale date: 24 Aug 2023
rooms: 3
size: 861 sq ft
sale price: £560,000
sale date: 31 Jan 2023
rooms: 3
size: 786 sq ft
sale price: £600,500
sale date: 7 Oct 2022
rooms: 3
size: 732 sq ft
sale price: £305,000
sale date: 25 Apr 2022

Data Sources

The property at Flat 35, Fairmont House Needleman Street, London, SE16 7AW appears two times in the Land Registry records, with the latest transaction recorded on 29 Sep 2017. It also has a single Energy Performance Certificate (EPC) from 2 Jun 2011. 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.