Flat 7, 388 Southwark Park Road, London, SE16 2ET is a leasehold flat built between 1991-1995. The property offers approximately 495 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 £431,391 , which equates to approximately £871 per square foot. It was last sold on 4 Dec 2014 for £385,000. Since then, the value has increased by £46,391, representing a 12.0% increase, or approximately 1.1% per year.

The current estimated value of £431,391 is:

  • 23.6% lower than the average property price on Southwark Park Road
  • 17.5% lower than the average in the SE16 2ET postcode area
  • and 50.7% lower than the average price for London as a whole

At the most recent EPC inspection on 24 July 2024, the property was recorded as owner-occupied.

View sold house prices in SE16 2ET

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£431,391
Price Per sq ft (estimate)
£871
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 388 Southwark Park Road, London, Southwark, Greater London, SE16 2ET has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 24 Jul 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Nov 2013. The rating of B is unchanged, though the energy efficiency score decreased by 11%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.18 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.16 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
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 2ET

16 th / 24
Price Rank
18% lower than average
16 th / 16
Size Rank
40% smaller than average
1 st / 16
Price Per Sq FT Rank
38% higher than average

Compared to other properties in SE16 2ET , this flat's estimated value ranks 16th out of 24. Based on price per square foot, it ranks 1st out of 16 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 16th out of 16 properties in its postcode area.

Sale History

Today
£431,391
streetscan.co.uk estimate
+12 %
4 Dec 2014
£385,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £395,000
sale date: 23 Dec 2014
rooms: 4
size: 484 sq ft
sale price: £330,000
sale date: 21 Feb 2025
rooms: 3
size: 560 sq ft
sale price: £350,000
sale date: 6 Dec 2024
rooms: 2
size: 538 sq ft
sale price: £325,000
sale date: 14 Jul 2023
rooms: 2
size: 506 sq ft
sale price: £325,000
sale date: 27 May 2022

Data Sources

The property at Flat 7, 388 Southwark Park Road, London, Southwark, Greater London, SE16 2ET appears once in the Land Registry records, with the transaction recorded on 4 Dec 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jul 2024. 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.