Flat 48, Fairmont House Needleman Street, London, SE16 7AW is a leasehold flat built between 2003-2006. The property offers approximately 431 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £362,551 , which equates to approximately £842 per square foot. It was last sold on 18 Feb 2016 for £360,000. Since then, the value has increased by £2,551, representing a 0.7% increase, or approximately 0.1% per year.

The current estimated value of £362,551 is:

  • 28.1% lower than the average property price on Needleman Street
  • 30.3% lower than the average in the SE16 7AW postcode area
  • and 58.6% lower than the average price for London as a whole

At the most recent EPC inspection on 27 August 2021, the property was recorded as owner-occupied.

View sold house prices in SE16 7AW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£362,551
Price Per sq ft (estimate)
£842
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 48, 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 27 Aug 2021.

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. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Community scheme
Good
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7AW

44 th / 46
Price Rank
30% lower than average
36 th / 37
Size Rank
35% smaller than average
6 th / 37
Price Per Sq FT Rank
7% higher than average

Compared to other properties in SE16 7AW , this flat's estimated value ranks 44th out of 46. Based on price per square foot, it ranks 6th 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 36th out of 37 properties in its postcode area.

Sale History

Today
£362,551
streetscan.co.uk estimate
+1 %
18 Feb 2016
£360,000
Leasehold
+45.5 %
20 May 2011
£247,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £430,000
sale date: 29 Jun 2023
rooms: 2
size: 452 sq ft
sale price: £305,000
sale date: 23 Nov 2012
rooms: 1
size: 366 sq ft
sale price: £275,000
sale date: 17 Jun 2011
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

Data Sources

The property at Flat 48, Fairmont House Needleman Street, London, SE16 7AW appears two times in the Land Registry records, with the latest transaction recorded on 18 Feb 2016. It also has a single Energy Performance Certificate (EPC) from 27 Aug 2021. 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.