Flat 5, Axis Court, 2 East Lane, London, SE16 4UQ is a leasehold flat built between 2007-2011. The property offers approximately 506 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £441,810 , which equates to approximately £873 per square foot. It was last sold on 5 Sep 2005 for £208,250. Since then, the value has increased by £233,560, representing a 112.2% increase, or approximately 5.5% per year.

The current estimated value of £441,810 is:

  • 27.0% lower than the average property price on East Lane
  • 18.4% lower than the average in the SE16 4UQ postcode area
  • and 49.5% lower than the average price for London as a whole

At the most recent EPC inspection on 2 February 2024, the property was recorded as owner-occupied.

View sold house prices in SE16 4UQ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
506 sq ft
Tenure
Leasehold
Price (estimate)
£441,810
Price Per sq ft (estimate)
£873
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Axis Court, 2 East Lane, London, Southwark, Greater London, SE16 4UQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Feb 2024.

This property uses electric storage heaters as its main heating source. Hot water is provided by a gas boiler or circulator, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 May 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, off-peak to gas boiler/circulator, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Gas boiler/circulator, no cylinder thermostat
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 SE16 4UQ

23 rd / 33
Price Rank
18% lower than average
16 th / 30
Size Rank
18% smaller than average
28 th / 30
Price Per Sq FT Rank
0% same as average

Compared to other properties in SE16 4UQ , this flat's estimated value ranks 23th out of 33. Based on price per square foot, it ranks 28th out of 30 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 16th out of 30 properties in its postcode area.

Sale History

Today
£441,810
streetscan.co.uk estimate
+112 %
5 Sep 2005
£208,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 537 sq ft
sale price: £401,000
sale date: 10 Feb 2015
rooms: 2
size: 484 sq ft
sale price: £258,000
sale date: 12 Dec 2014
rooms: 2
size: 452 sq ft
sale price: £325,000
sale date: 17 Jun 2013
rooms: 2
size: 560 sq ft
sale price: £310,000
sale date: 22 Feb 2013
rooms: 2
size: 509 sq ft
sale price: £320,000
sale date: 19 Nov 2012

Data Sources

The property at Flat 5, Axis Court, 2 East Lane, London, Southwark, Greater London, SE16 4UQ appears once in the Land Registry records, with the transaction recorded on 5 Sep 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 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.


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.