Flat 8, 114 Commercial Way, London, SE15 5GQ is a leasehold flat built between 1996-2002. The property offers approximately 665 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £267,941 , which equates to approximately £402 per square foot. It was last sold on 9 Aug 2012 for £181,500. Since then, the value has increased by £86,441, representing a 47.6% increase, or approximately 3.6% per year.

The current estimated value of £267,941 is:

  • 36.0% lower than the average property price on Commercial Way
  • 21.8% lower than the average in the SE15 5GQ postcode area
  • and 69.4% lower than the average price for London as a whole

At the most recent EPC inspection on 25 October 2011, the property was recorded as owner-occupied.

View sold house prices in SE15 5GQ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
665 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£267,941
Price Per sq ft (estimate)
£402
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, 114 Commercial Way, London, Southwark, Greater London Authority, SE15 5GQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Oct 2011.

This property uses electric storage heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Electric storage heaters
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
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 SE15 5GQ

19 th / 28
Price Rank
22% lower than average
5 th / 23
Size Rank
11% bigger than average
21 st / 23
Price Per Sq FT Rank
30% lower than average

Compared to other properties in SE15 5GQ , this flat's estimated value ranks 19th out of 28. Based on price per square foot, it ranks 21th out of 23 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 5th out of 23 properties in its postcode area.

Sale History

Today
£267,941
streetscan.co.uk estimate
+48 %
9 Aug 2012
£181,500
Leasehold
+45.2 %
27 Jul 2001
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £345,000
sale date: 9 Oct 2024
rooms: 3
size: 592 sq ft
sale price: £365,000
sale date: 17 Nov 2023
rooms: 3
size: 646 sq ft
sale price: £440,000
sale date: 11 Jul 2022
rooms: 4
size: 592 sq ft
sale price: £366,000
sale date: 25 Jun 2021
rooms: 3
size: 635 sq ft
sale price: £350,000
sale date: 26 Feb 2021

Data Sources

The property at Flat 8, 114 Commercial Way, London, SE15 5GQ appears two times in the Land Registry records, with the latest transaction recorded on 9 Aug 2012. It also has a single Energy Performance Certificate (EPC) from 25 Oct 2011. 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.