Flat 50, Iceland Wharf Plough Way, London, SE16 7AB is a leasehold flat built between 1996-2002. The property offers approximately 861 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £531,574 , which equates to approximately £617 per square foot. It was last sold on 25 Apr 2014 for £360,000. Since then, the value has increased by £171,574, representing a 47.7% increase, or approximately 4.1% per year.

The current estimated value of £531,574 is:

  • 11.6% lower than the average property price on Plough Way
  • 6.5% lower than the average in the SE16 7AB postcode area
  • and 39.3% lower than the average price for London as a whole

View sold house prices in SE16 7AB

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£531,574
Price Per sq ft (estimate)
£617
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 50, Iceland Wharf Plough Way, London, Lewisham, Greater London Authority, SE16 7AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Jun 2019.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Feb 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 24.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency changing from very good to very 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
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7AB

25 th / 67
Price Rank
6% lower than average
17 th / 59
Size Rank
10% bigger than average
40 th / 59
Price Per Sq FT Rank
15% lower than average

Compared to other properties in SE16 7AB , this flat's estimated value ranks 25th out of 67. Based on price per square foot, it ranks 40th out of 59 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 17th out of 59 properties in its postcode area.

Sale History

Today
£531,574
streetscan.co.uk estimate
+48 %
25 Apr 2014
£360,000
Leasehold
+71.4 %
2 Oct 2001
£210,000
Leasehold
+44.9 %
19 May 2000
£144,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 840 sq ft
sale price: £365,000
sale date: 17 Aug 2022
rooms: 3
size: 743 sq ft
sale price: £463,000
sale date: 25 Mar 2022
rooms: 3
size: 753 sq ft
sale price: £515,000
sale date: 15 Oct 2021
rooms: 3
size: 850 sq ft
sale price: £479,000
sale date: 21 Nov 2019
rooms: 3
size: 861 sq ft
sale price: £500,000
sale date: 21 Mar 2019

Data Sources

The property at Flat 50, Iceland Wharf Plough Way, London, SE16 7AB appears three times in the Land Registry records, with the latest transaction recorded on 25 Apr 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jun 2019. 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.