Flat 41, 197 Long Lane, London, SE1 4PD is a leasehold flat built between 1996-2002. The property offers approximately 560 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £488,750 , which equates to approximately £873 per square foot. It was last sold on 9 Jan 2007 for £255,000. Since then, the value has increased by £233,750, representing a 91.7% increase, or approximately 4.8% per year.

The current estimated value of £488,750 is:

  • 29.9% lower than the average property price on Long Lane
  • 5.5% lower than the average in the SE1 4PD postcode area
  • and 41.5% lower than the average price for London as a whole

At the most recent EPC inspection on 28 March 2022, the property was recorded as rented.

View sold house prices in SE1 4PD

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£488,750
Price Per sq ft (estimate)
£873
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 41, 197 Long Lane, London, Southwark, Greater London, SE1 4PD has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 28 Mar 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jan 2012. The rating of B remains the same, but the energy efficiency score improved by 2.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
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 SE1 4PD

43 rd / 75
Price Rank
5% lower than average
23 rd / 63
Size Rank
2% smaller than average
47 th / 63
Price Per Sq FT Rank
3% lower than average

Compared to other properties in SE1 4PD , this flat's estimated value ranks 43th out of 75. Based on price per square foot, it ranks 47th out of 63 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 23th out of 63 properties in its postcode area.

Sale History

Today
£488,750
streetscan.co.uk estimate
+92 %
9 Jan 2007
£255,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £390,000
sale date: 28 May 2021
rooms: 3
size: 538 sq ft
sale price: £290,000
sale date: 31 Jan 2017
rooms: 2
size: 484 sq ft
sale price: £465,600
sale date: 10 Dec 2015
rooms: 2
size: 495 sq ft
sale price: £445,000
sale date: 29 Apr 2015
rooms: 2
size: 506 sq ft
sale price: £462,500
sale date: 27 Feb 2015

Data Sources

The property at Flat 41, 197 Long Lane, London, Southwark, Greater London, SE1 4PD appears once in the Land Registry records, with the transaction recorded on 9 Jan 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 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.


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