Flat 6, 59 Wells Way, London, SE5 7UB is a leasehold flat built between 2003-2006. The property offers approximately 840 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 £460,544 , which equates to approximately £549 per square foot. It was last sold on 22 Dec 2003 for £192,500. Since then, the value has increased by £268,044, representing a 139.2% increase, or approximately 6.3% per year.

The current estimated value of £460,544 is:

  • 15.1% lower than the average property price on Wells Way
  • 6.4% higher than the average in the SE5 7UB postcode area
  • and 44.9% lower than the average price for London as a whole

At the most recent EPC inspection on 27 September 2023, the property was recorded as rented.

View sold house prices in SE5 7UB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£460,544
Price Per sq ft (estimate)
£549
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 6, 59 Wells Way, London, Southwark, Greater London, SE5 7UB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Sep 2023.

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 20 Sep 2013. The rating of C remains the same, but the energy efficiency score improved by 8.2%.

Since the previous assessment, several changes were observed:

  • 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 low energy lighting in 36% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very 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 all fixed outlets
Very Good

Compared to SE5 7UB

8 th / 15
Price Rank
6% higher than average
6 th / 12
Size Rank
3% bigger than average
7 th / 12
Price Per Sq FT Rank
4% higher than average

Compared to other properties in SE5 7UB , this flat's estimated value ranks 8th out of 15. Based on price per square foot, it ranks 7th out of 12 properties. In terms of size, this home ranks 6th out of 12 properties in its postcode area.

Sale History

Today
£460,544
streetscan.co.uk estimate
+139 %
22 Dec 2003
£192,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 9, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 947 sq ft
sale price: £445,000
sale date: 23 Feb 2021
Flat 5, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 915 sq ft
sale price: £415,000
sale date: 12 Dec 2014
Flat 11, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 721 sq ft
sale price: £225,000
sale date: 29 Jul 2011
Flat 7, 59 Wells Way, London, SE5 7UB
rooms: 3
size: 883 sq ft
sale price: £243,000
sale date: 29 Jan 2010
Flat 2, 59 Wells Way, London, SE5 7UB
rooms: 4
size: 840 sq ft
sale price: £196,500
sale date: 19 Dec 2003

Data Sources

The property at Flat 6, 59 Wells Way, London, Southwark, Greater London, SE5 7UB appears once in the Land Registry records, with the transaction recorded on 22 Dec 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Sep 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.
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