Flat 69, Vancouver House Needleman Street, London, SE16 7BW 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 £403,242 , which equates to approximately £707 per square foot. It was last sold on 21 Dec 2022 for £400,000. Since then, the value has increased by £3,242, representing a 0.8% increase, or approximately 0.3% per year.

The current estimated value of £403,242 is:

  • 20.0% lower than the average property price on Needleman Street
  • 17.6% lower than the average in the SE16 7BW postcode area
  • and 53.9% lower than the average price for London as a whole

At the most recent EPC inspection on 9 December 2022, the property was recorded as rented.

View sold house prices in SE16 7BW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£403,242
Price Per sq ft (estimate)
£707
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 69, Vancouver House Needleman Street, London, Southwark, Greater London, SE16 7BW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Dec 2022.

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.

The previous EPC assessment was conducted on 1 Feb 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (community scheme).
  • The hot water energy efficiency changing from very good to good, while the system remained as community scheme.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
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 all fixed outlets
Very Good

Compared to SE16 7BW

45 th / 55
Price Rank
18% lower than average
23 rd / 54
Size Rank
5% smaller than average
48 th / 54
Price Per Sq FT Rank
13% lower than average

Compared to other properties in SE16 7BW , this flat's estimated value ranks 45th out of 55. Based on price per square foot, it ranks 48th out of 54 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 23th out of 54 properties in its postcode area.

Sale History

Today
£403,242
streetscan.co.uk estimate
+1 %
21 Dec 2022
£400,000
Leasehold
+45.5 %
23 Feb 2012
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £472,000
sale date: 20 Sep 2024
rooms: 2
size: 560 sq ft
sale price: £472,500
sale date: 28 Jul 2023
rooms: 2
size: 527 sq ft
sale price: £460,000
sale date: 5 May 2023
rooms: 3
size: 538 sq ft
sale price: £450,000
sale date: 14 Dec 2022
rooms: 3
size: 570 sq ft
sale price: £107,500
sale date: 25 Nov 2022

Data Sources

The property at Flat 69, Vancouver House Needleman Street, London, SE16 7BW appears two times in the Land Registry records, with the latest transaction recorded on 21 Dec 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Dec 2022. 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.