Flat 5, Fairmont House Needleman Street, London, SE16 7AW is a leasehold flat built between 2007-2011. The property offers approximately 861 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £557,200 , which equates to approximately £647 per square foot. It was last sold on 31 Jan 2023 for £560,000. Since then, the value has decreased by £2,800, representing a 0.5% decrease, or approximately 0.2% per year.

The current estimated value of £557,200 is:

  • 10.6% higher than the average property price on Needleman Street
  • 7.1% higher than the average in the SE16 7AW postcode area
  • and 36.3% lower than the average price for London as a whole

At the most recent EPC inspection on 14 April 2022, 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
861 sq ft
Tenure
Leasehold
Price (estimate)
£557,200
Price Per sq ft (estimate)
£647
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 5, 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 14 Apr 2022.

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 3.9%.

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 cavity wall, 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 all fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
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

21 st / 46
Price Rank
7% higher than average
5 th / 37
Size Rank
31% bigger than average
34 th / 37
Price Per Sq FT Rank
18% lower than average

Compared to other properties in SE16 7AW , this flat's estimated value ranks 21th out of 46. Based on price per square foot, it ranks 34th 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 5th out of 37 properties in its postcode area.

Sale History

Today
£557,200
streetscan.co.uk estimate
-1 %
31 Jan 2023
£560,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £645,000
sale date: 21 Feb 2025
rooms: 2
size: 753 sq ft
sale price: £490,000
sale date: 13 Sep 2024
rooms: 3
size: 818 sq ft
sale price: £675,000
sale date: 24 Aug 2023
rooms: 3
size: 786 sq ft
sale price: £600,500
sale date: 7 Oct 2022
rooms: 3
size: 732 sq ft
sale price: £305,000
sale date: 25 Apr 2022

Data Sources

The property at Flat 5, Fairmont House Needleman Street, London, Southwark, Greater London, SE16 7AW appears once in the Land Registry records, with the transaction recorded on 31 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Apr 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.


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.