Flat 4, 113 Wells Way, London, SE5 7SZ is a leasehold flat built before 1900. The property offers approximately 775 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £511,628 , which equates to approximately £660 per square foot. It was last sold on 17 Jul 2019 for £500,000. Since then, the value has increased by £11,628, representing a 2.3% increase, or approximately 0.4% per year.

The current estimated value of £511,628 is:

  • 5.7% lower than the average property price on Wells Way
  • 16.1% lower than the average in the SE5 7SZ postcode area
  • and 38.8% 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 29 April 2019, the property was recorded as owner-occupied.

View sold house prices in SE5 7SZ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£511,628
Price Per sq ft (estimate)
£660
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 113 Wells Way, London, Southwark, Greater London Authority, SE5 7SZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Apr 2019.

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 the main heating system, though the cylinder has no thermostat. The windows are single glazed.

The previous EPC assessment was conducted on 6 Aug 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 14.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The windows were upgraded from fully double glazed to single glazed.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 73% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to SE5 7SZ

23 rd / 27
Price Rank
16% lower than average
17 th / 20
Size Rank
6% smaller than average
19 th / 20
Price Per Sq FT Rank
10% lower than average

Compared to other properties in SE5 7SZ , this flat's estimated value ranks 23th out of 27. Based on price per square foot, it ranks 19th out of 20 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 20 properties in its postcode area.

Sale History

Today
£511,628
streetscan.co.uk estimate
+2 %
17 Jul 2019
£500,000
Leasehold
+120.3 %
30 Nov 2010
£227,000
Leasehold

Area Insights

Similar Properties Sold Nearby

133A Wells Way, London, SE5 7SZ
rooms: 3
size: 700 sq ft
sale price: £535,000
sale date: 31 Oct 2019
Flat 1, 73 Wells Way, London, SE5 7GD
rooms: 3
size: 743 sq ft
sale price: £212,500
sale date: 6 Jun 2022
Flat 3, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 678 sq ft
sale price: £365,000
sale date: 10 Aug 2020
Flat 4, 63 Wells Way, London, SE5 7GB
rooms: 3
size: 753 sq ft
sale price: £140,000
sale date: 7 Aug 2015
Flat 11, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 721 sq ft
sale price: £225,000
sale date: 29 Jul 2011

Data Sources

The property at Flat 4, 113 Wells Way, London, SE5 7SZ appears two times in the Land Registry records, with the latest transaction recorded on 17 Jul 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Apr 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.


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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