Flat 62, 3 Cornell Square, London, SW8 2ER is a leasehold flat built between 2003-2006. The property offers approximately 570 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 £515,589 , which equates to approximately £904 per square foot. It was last sold on 24 Apr 2014 for £413,000. Since then, the value has increased by £102,589, representing a 24.8% increase, or approximately 2.1% per year.

The current estimated value of £515,589 is:

  • 1.5% lower than the average property price on Cornell Square
  • 5.4% higher than the average in the SW8 2ER postcode area
  • and 41.1% lower than the average price for London as a whole

At the most recent EPC inspection on 17 December 2020, the property was recorded as rented.

View sold house prices in SW8 2ER

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£515,589
Price Per sq ft (estimate)
£904
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 62, 3 Cornell Square, London, Lambeth, Greater London, SW8 2ER has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Dec 2020.

This property uses electric underfloor heating 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 10 Apr 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 14.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to electric underfloor heating, improving energy efficiency from n/a to very poor.
  • The hot water system was changed from sap05:hot-water to electric immersion, standard tariff, with its energy efficiency improving from n/a to very poor.
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m²k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
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 SW8 2ER

18 th / 44
Price Rank
5% higher than average
19 th / 35
Size Rank
10% smaller than average
6 th / 35
Price Per Sq FT Rank
18% higher than average

Compared to other properties in SW8 2ER , this flat's estimated value ranks 18th out of 44. Based on price per square foot, it ranks 6th out of 35 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 19th out of 35 properties in its postcode area.

Sale History

Today
£515,589
streetscan.co.uk estimate
+25 %
24 Apr 2014
£413,000
Leasehold
+70.7 %
13 May 2010
£242,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £400,000
sale date: 23 May 2024
rooms: 2
size: 560 sq ft
sale price: £410,400
sale date: 16 Sep 2022
rooms: 2
size: 570 sq ft
sale price: £420,000
sale date: 14 Jun 2022
rooms: 1
size: 527 sq ft
sale price: £300,000
sale date: 11 May 2017
rooms: 2
size: 570 sq ft
sale price: £382,000
sale date: 24 Mar 2017

Data Sources

The property at Flat 62, 3 Cornell Square, London, SW8 2ER appears two times in the Land Registry records, with the latest transaction recorded on 24 Apr 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Dec 2020. 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.