Flat 36, Fairmont House Needleman Street, London, SE16 7AW is a leasehold flat built between 2007-2011. The property offers approximately 366 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £441,331 , which equates to approximately £1,206 per square foot. It was last sold on 17 Jun 2011 for £275,000. Since then, the value has increased by £166,331, representing a 60.5% increase, or approximately 4.2% per year.

The current estimated value of £441,331 is:

  • 12.4% lower than the average property price on Needleman Street
  • 15.2% lower than the average in the SE16 7AW postcode area
  • and 49.6% lower than the average price for London as a whole

At the most recent EPC inspection on 10 March 2022, the property was recorded as rented.

View sold house prices in SE16 7AW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
366 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£441,331
Price Per sq ft (estimate)
£1,206
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 36, Fairmont House Needleman Street, London, Southwark, Greater London, SE16 7AW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Mar 2022.

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.

The previous EPC assessment was conducted on 2 Jun 2011. The rating of C remains the same, but the energy efficiency score improved by 4.1%.

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 (community scheme).
  • The hot water energy efficiency changing from very good to good, while the system remained as community scheme.
  • The roof construction or insulation changed from average thermal transmittance 0.25 w/m?k to flat, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7AW

39 th / 46
Price Rank
15% lower than average
37 th / 37
Size Rank
45% smaller than average
1 st / 37
Price Per Sq FT Rank
53% higher than average

Compared to other properties in SE16 7AW , this flat's estimated value ranks 39th out of 46. Based on price per square foot, it ranks 1st out of 37 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 37th out of 37 properties in its postcode area.

Sale History

Today
£441,331
streetscan.co.uk estimate
+60 %
17 Jun 2011
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 398 sq ft
sale price: £345,000
sale date: 26 Apr 2024
rooms: 1
size: 398 sq ft
sale price: £259,180
sale date: 16 Mar 2012
rooms: 1
size: 334 sq ft
sale price: £250,000
sale date: 24 Feb 2012

Data Sources

The property at Flat 36, Fairmont House Needleman Street, London, Southwark, Greater London, SE16 7AW appears once in the Land Registry records, with the transaction recorded on 17 Jun 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Mar 2022. 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.