Flat 51, Fairmont House Needleman Street, London, SE16 7AW is a leasehold flat built between 2003-2006. The property offers approximately 517 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £454,312 , which equates to approximately £879 per square foot. It was last sold on 9 Jan 2015 for £405,000. Since then, the value has increased by £49,312, representing a 12.2% increase, or approximately 1.1% per year.

The current estimated value of £454,312 is:

  • 9.9% lower than the average property price on Needleman Street
  • 12.7% lower than the average in the SE16 7AW postcode area
  • and 48.1% lower than the average price for London as a whole

At the most recent EPC inspection on 7 July 2023, the property was recorded as rented.

View sold house prices in SE16 7AW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£454,312
Price Per sq ft (estimate)
£879
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 51, Fairmont House Needleman Street, London, Southwark, Greater London, SE16 7AW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 7 Jul 2023.

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.

Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7AW

36 th / 46
Price Rank
13% lower than average
27 th / 37
Size Rank
22% smaller than average
12 th / 37
Price Per Sq FT Rank
11% higher than average

Compared to other properties in SE16 7AW , this flat's estimated value ranks 36th out of 46. Based on price per square foot, it ranks 12th out of 37 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 27th out of 37 properties in its postcode area.

Sale History

Today
£454,312
streetscan.co.uk estimate
+12 %
9 Jan 2015
£405,000
Leasehold
+45.4 %
3 Jun 2011
£278,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £425,000
sale date: 4 Sep 2023
rooms: 2
size: 495 sq ft
sale price: £430,000
sale date: 29 Jun 2023
rooms: 2
size: 506 sq ft
sale price: £487,000
sale date: 20 Dec 2022
rooms: 2
size: 506 sq ft
sale price: £382,000
sale date: 9 May 2014
rooms: 2
size: 452 sq ft
sale price: £305,000
sale date: 23 Nov 2012

Data Sources

The property at Flat 51, Fairmont House Needleman Street, London, SE16 7AW appears two times in the Land Registry records, with the latest transaction recorded on 9 Jan 2015. It also has a single Energy Performance Certificate (EPC) from 7 Jul 2023. 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.