Flat 6, 70 Searles Road, London, SE1 4YY is a leasehold flat built between 1983-1990. The property offers approximately 409 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 £348,763 , which equates to approximately £853 per square foot. It was last sold on 5 Jan 2022 for £340,000. Since then, the value has increased by £8,763, representing a 2.6% increase, or approximately 0.7% per year.

The current estimated value of £348,763 is:

  • 59.2% lower than the average property price on Searles Road
  • 8.7% lower than the average in the SE1 4YY postcode area
  • and 60.2% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 12 March 2019, the property was recorded as owner-occupied.

View sold house prices in SE1 4YY

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£348,763
Price Per sq ft (estimate)
£853
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, 70 Searles Road, London, Southwark, Greater London Authority, SE1 4YY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Mar 2019.

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 23 Jun 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 9.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, 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 poor 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 windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency changing from very good to 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 57% of fixed outlets
Good

Sale History

Today
£348,763
streetscan.co.uk estimate
+3 %
5 Jan 2022
£340,000
Leasehold
+13.3 %
4 Sep 2017
£300,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £190,000
sale date: 14 Oct 2005
rooms: 2
size: 420 sq ft
sale price: £43,500
sale date: 21 Dec 1995

Data Sources

The property at Flat 6, 70 Searles Road, London, SE1 4YY appears two times in the Land Registry records, with the latest transaction recorded on 5 Jan 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Mar 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.