Flat 4, Fairmont House Needleman Street, London, SE16 7AW is a leasehold flat built between 2007-2011. The property offers approximately 624 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 £165,331 , which equates to approximately £265 per square foot. It was last sold on 7 Mar 2025 for £164,500. Since then, the value has increased by £831, representing a 0.5% increase, or approximately 0.7% per year.

The current estimated value of £165,331 is:

  • 67.2% lower than the average property price on Needleman Street
  • 68.2% lower than the average in the SE16 7AW postcode area
  • and 81.1% lower than the average price for London as a whole

At the most recent EPC inspection on 6 February 2024, the property was recorded as owner-occupied.

View sold house prices in SE16 7AW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£165,331
Price Per sq ft (estimate)
£265
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 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 6 Feb 2024.

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 17 May 2011. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

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 (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • 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 78% of fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to SE16 7AW

46 th / 46
Price Rank
68% lower than average
22 nd / 37
Size Rank
5% smaller than average
37 th / 37
Price Per Sq FT Rank
66% lower than average

Compared to other properties in SE16 7AW , this flat's estimated value ranks 46th out of 46. Based on price per square foot, it ranks 37th 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 22th out of 37 properties in its postcode area.

Sale History

Today
£165,331
streetscan.co.uk estimate
+1 %
7 Mar 2025
£164,500
Leasehold
+4.4 %
25 Nov 2016
£157,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £510,000
sale date: 24 Jun 2016
rooms: 2
size: 538 sq ft
sale price: £283,500
sale date: 1 Jun 2011
rooms: 3
size: 689 sq ft
sale price: £422,500
sale date: 1 Jun 2011
rooms: 2
size: 549 sq ft
sale price: £472,000
sale date: 20 Sep 2024
rooms: 2
size: 560 sq ft
sale price: £472,500
sale date: 28 Jul 2023

Data Sources

The property at Flat 4, Fairmont House Needleman Street, London, SE16 7AW appears two times in the Land Registry records, with the latest transaction recorded on 7 Mar 2025. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Feb 2024. 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.


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