Flat 507, Omega Building Smugglers Way, London, SW18 1AZ is a leasehold flat built between 1996-2002. The property offers approximately 398 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £398,286 , which equates to approximately £1,000 per square foot. It was last sold on 28 Jan 2022 for £410,000. Since then, the value has decreased by £11,714, representing a 2.9% decrease, or approximately 0.7% per year.

The current estimated value of £398,286 is:

  • 43.2% lower than the average property price on Smugglers Way
  • 22.9% lower than the average in the SW18 1AZ postcode area
  • and 54.5% 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 7 September 2020, the property was recorded as owner-occupied.

View sold house prices in SW18 1AZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£398,286
Price Per sq ft (estimate)
£1,000
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 507, Omega Building Smugglers Way, London, Wandsworth, Greater London Authority, SW18 1AZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Sep 2020.

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 24 Sep 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 13.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to no system present: electric heaters assumed, changing energy efficiency from poor to very poor.
  • 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 wall construction or insulation changed from timber frame, as built, insulated (assumed) 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 61% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 61% of fixed outlets
Good

Compared to SW18 1AZ

44 th / 64
Price Rank
23% lower than average
53 rd / 59
Size Rank
42% smaller than average
4 th / 59
Price Per Sq FT Rank
34% higher than average

Compared to other properties in SW18 1AZ , this flat's estimated value ranks 44th out of 64. Based on price per square foot, it ranks 4th out of 59 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 53th out of 59 properties in its postcode area.

Sale History

Today
£398,286
streetscan.co.uk estimate
-3 %
28 Jan 2022
£410,000
Leasehold
+10.8 %
19 Dec 2013
£370,000
Leasehold
+24.4 %
22 Sep 2006
£297,500
Leasehold
+19 %
24 Jun 2005
£250,000
Leasehold
+2.1 %
15 Apr 2004
£244,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £248,500
sale date: 9 Aug 2010
rooms: 2
size: 441 sq ft
sale price: £230,000
sale date: 12 Sep 2008
rooms: 2
size: 431 sq ft
sale price: £276,208
sale date: 17 Jun 2005
rooms: 2
size: 400 sq ft
sale price: £400,000
sale date: 29 Jul 2021
rooms: 2
size: 355 sq ft
sale price: £478,000
sale date: 30 Aug 2018

Data Sources

The property at Flat 507, Omega Building Smugglers Way, London, SW18 1AZ appears five times in the Land Registry records, with the latest transaction recorded on 28 Jan 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Sep 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.