Flat 6, Wise House, 1 Red Lion Lane, London, SE18 4JH is a leasehold flat built between 1983-1990. The property offers approximately 592 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £274,652 , which equates to approximately £464 per square foot. It was last sold on 25 Nov 2005 for £138,000. Since then, the value has increased by £136,652, representing a 99.0% increase, or approximately 4.9% per year.

The current estimated value of £274,652 is:

  • 40.1% lower than the average property price on Red Lion Lane
  • 12.0% higher than the average in the SE18 4JH postcode area
  • and 68.6% lower than the average price for London as a whole

At the most recent EPC inspection on 10 November 2018, the property was recorded as owner-occupied.

View sold house prices in SE18 4JH

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£274,652
Price Per sq ft (estimate)
£464
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, Wise House, 1 Red Lion Lane, London, Greenwich, Greater London Authority, SE18 4JH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Nov 2018.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Dec 2010, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 518.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff, plus solar to electric immersion, off-peak, with its energy efficiency improving from poor to average.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£274,652
streetscan.co.uk estimate
+99 %
25 Nov 2005
£138,000
Leasehold
+137.9 %
14 Aug 1998
£58,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, Wise House, 1 Red Lion Lane, London, SE18 4JH
rooms: 3
size: 592 sq ft
sale price: £255,000
sale date: 26 Feb 2021
Flat 4, Wise House, 1 Red Lion Lane, London, SE18 4JH
rooms: 3
size: 592 sq ft
sale price: £134,000
sale date: 25 Jun 2004
Flat 5, Robson House, 7B Red Lion Lane, London, SE18 4JQ
rooms: 3
size: 570 sq ft
sale price: £223,500
sale date: 28 May 2021
Flat 1, Robson House, 7B Red Lion Lane, London, SE18 4JQ
rooms: 3
size: 581 sq ft
sale price: £215,000
sale date: 14 Aug 2020
Flat 3, Robson House, 7B Red Lion Lane, London, SE18 4JQ
rooms: 3
size: 592 sq ft
sale price: £265,000
sale date: 10 Jul 2020

Data Sources

The property at Flat 6, Wise House, 1 Red Lion Lane, London, SE18 4JH appears two times in the Land Registry records, with the latest transaction recorded on 25 Nov 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Nov 2018. 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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