Flat 5, 70 Searles Road, London, SE1 4YY is a leasehold flat built between 1991-1995. The property offers approximately 646 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 £416,033 , which equates to approximately £644 per square foot. It was last sold on 5 Jan 2012 for £263,000. Since then, the value has increased by £153,033, representing a 58.2% increase, or approximately 4.2% per year.

The current estimated value of £416,033 is:

  • 51.3% lower than the average property price on Searles Road
  • 8.9% higher than the average in the SE1 4YY postcode area
  • and 52.5% lower than the average price for London as a whole

At the most recent EPC inspection on 6 May 2020, the property was recorded as owner-occupied.

View sold house prices in SE1 4YY

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£416,033
Price Per sq ft (estimate)
£644
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 70 Searles Road, London, Southwark, Greater London Authority, SE1 4YY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 May 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Oct 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, with internal insulation to cavity wall, 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, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£416,033
streetscan.co.uk estimate
+58 %
5 Jan 2012
£263,000
Leasehold
+81.4 %
18 May 2001
£145,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £477,000
sale date: 5 Jul 2022

Data Sources

The property at Flat 5, 70 Searles Road, London, SE1 4YY appears two times in the Land Registry records, with the latest transaction recorded on 5 Jan 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 May 2020. 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.