Flat 54, Fairmont House Needleman Street, London, SE16 7AW is a leasehold flat built between 2007-2011. The property offers approximately 775 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £610,188 , which equates to approximately £787 per square foot. It was last sold on 22 Aug 2016 for £620,000. Since then, the value has decreased by £9,812, representing a 1.6% decrease, or approximately 0.2% per year.

The current estimated value of £610,188 is:

  • 21.1% higher than the average property price on Needleman Street
  • 17.2% higher than the average in the SE16 7AW postcode area
  • and 30.3% lower than the average price for London as a whole

At the most recent EPC inspection on 9 January 2024, the property was recorded as rented.

View sold house prices in SE16 7AW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£610,188
Price Per sq ft (estimate)
£787
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 54, 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 9 Jan 2024.

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
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 64% of fixed outlets
Good

Compared to SE16 7AW

16 th / 46
Price Rank
17% higher than average
11 th / 37
Size Rank
18% bigger than average
26 th / 37
Price Per Sq FT Rank
0% same as average

Compared to other properties in SE16 7AW , this flat's estimated value ranks 16th out of 46. Based on price per square foot, it ranks 26th 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 11th out of 37 properties in its postcode area.

Sale History

Today
£610,188
streetscan.co.uk estimate
-2 %
22 Aug 2016
£620,000
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: 861 sq ft
sale price: £560,000
sale date: 31 Jan 2023
rooms: 3
size: 786 sq ft
sale price: £600,500
sale date: 7 Oct 2022

Data Sources

The property at Flat 54, Fairmont House Needleman Street, London, Southwark, Greater London, SE16 7AW appears once in the Land Registry records, with the transaction recorded on 22 Aug 2016. It also has a single Energy Performance Certificate (EPC) from 9 Jan 2024. 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.