Flat 5, Mercia Court Highwood Close, London, SE22 8NN is a leasehold flat built between 2003-2006. The property offers approximately 850 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 £553,897 , which equates to approximately £651 per square foot. It was last sold on 28 Jun 2006 for £275,000. Since then, the value has increased by £278,897, representing a 101.4% increase, or approximately 5.2% per year.

The current estimated value of £553,897 is:

  • 15.7% higher than the average property price on Highwood Close
  • 26.1% higher than the average in the SE22 8NN postcode area
  • and 36.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 30 August 2022, the property was recorded as owner-occupied.

View sold house prices in SE22 8NN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
850 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£553,897
Price Per sq ft (estimate)
£651
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, Mercia Court Highwood Close, London, Southwark, Greater London, SE22 8NN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Aug 2022.

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 30 Oct 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 14.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 55% of fixed outlets, with efficiency improving from very poor to 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 55% of fixed outlets
Good

Compared to SE22 8NN

2 nd / 24
Price Rank
26% higher than average
2 nd / 23
Size Rank
21% bigger than average
19 th / 23
Price Per Sq FT Rank
4% higher than average

Compared to other properties in SE22 8NN , this flat's estimated value ranks 2nd out of 24. Based on price per square foot, it ranks 19th out of 23 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 2nd out of 23 properties in its postcode area.

Sale History

Today
£553,897
streetscan.co.uk estimate
+101 %
28 Jun 2006
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £445,000
sale date: 14 Jun 2024
rooms: 3
size: 753 sq ft
sale price: £409,000
sale date: 1 Feb 2018
rooms: 3
size: 745 sq ft
sale price: £416,000
sale date: 9 Sep 2016
rooms: 3
size: 797 sq ft
sale price: £405,000
sale date: 12 Feb 2015
rooms: 3
size: 786 sq ft
sale price: £420,000
sale date: 12 Feb 2015

Data Sources

The property at Flat 5, Mercia Court Highwood Close, London, Southwark, Greater London, SE22 8NN appears once in the Land Registry records, with the transaction recorded on 28 Jun 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 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.