Flat 7, Mermaid Court Rotherhithe Street, London, SE16 5UB is a leasehold flat built between 1983-1990. The property offers approximately 710 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £506,860 , which equates to approximately £713 per square foot. It was last sold on 17 Dec 2012 for £352,000. Since then, the value has increased by £154,860, representing a 44.0% increase, or approximately 3.4% per year.

The current estimated value of £506,860 is:

  • 26.9% lower than the average property price on Rotherhithe Street
  • 7.9% lower than the average in the SE16 5UB postcode area
  • and 42.1% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 27 March 2023, the property was recorded as owner-occupied.

View sold house prices in SE16 5UB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£506,860
Price Per sq ft (estimate)
£713
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 7, Mermaid Court Rotherhithe Street, London, Southwark, Greater London, SE16 5UB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Mar 2023.

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 5 Jul 2012. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very 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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 5UB

16 th / 45
Price Rank
8% lower than average
2 nd / 41
Size Rank
14% bigger than average
31 st / 41
Price Per Sq FT Rank
19% lower than average

Compared to other properties in SE16 5UB , this flat's estimated value ranks 16th out of 45. Based on price per square foot, it ranks 31th out of 41 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 2nd out of 41 properties in its postcode area.

Sale History

Today
£506,860
streetscan.co.uk estimate
+44 %
17 Dec 2012
£352,000
Leasehold
+30.4 %
14 Jun 2002
£270,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £425,000
sale date: 25 Jul 2024
rooms: 3
size: 635 sq ft
sale price: £486,000
sale date: 20 Jul 2022
rooms: 3
size: 678 sq ft
sale price: £532,000
sale date: 11 Jan 2022
rooms: 3
size: 614 sq ft
sale price: £532,000
sale date: 4 Nov 2021
rooms: 3
size: 635 sq ft
sale price: £490,000
sale date: 21 Aug 2020

Data Sources

The property at Flat 7, Mermaid Court Rotherhithe Street, London, SE16 5UB appears two times in the Land Registry records, with the latest transaction recorded on 17 Dec 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Mar 2023. 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.