Flat 8, Buchanan Court Worgan Street, London, SE16 7WB is a leasehold flat built between 1991-1995. The property offers approximately 538 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 £394,711 , which equates to approximately £733 per square foot. It was last sold on 16 Jul 2007 for £240,000. Since then, the value has increased by £154,711, representing a 64.5% increase, or approximately 3.5% per year.

The current estimated value of £394,711 is:

  • 28.9% lower than the average property price on Worgan Street
  • 21.3% lower than the average in the SE16 7WB postcode area
  • and 54.9% lower than the average price for London as a whole

View sold house prices in SE16 7WB

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£394,711
Price Per sq ft (estimate)
£733
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, Buchanan Court Worgan Street, London, Southwark, Greater London Authority, SE16 7WB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Jun 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 May 2009. 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 main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was changed from low energy lighting in 54% of fixed outlets to low energy lighting in 60% of fixed outlets, with no change in efficiency (good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to SE16 7WB

12 th / 12
Price Rank
21% lower than average
10 th / 12
Size Rank
10% smaller than average
10 th / 12
Price Per Sq FT Rank
12% lower than average

Compared to other properties in SE16 7WB , this flat's estimated value ranks 12th out of 12. Based on price per square foot, it ranks 10th out of 12 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 10th out of 12 properties in its postcode area.

Sale History

Today
£394,711
streetscan.co.uk estimate
+64 %
16 Jul 2007
£240,000
Leasehold
+224.3 %
29 Mar 1996
£74,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £372,500
sale date: 20 Aug 2019
rooms: 3
size: 560 sq ft
sale price: £335,000
sale date: 21 Dec 2012
rooms: 2
size: 484 sq ft
sale price: £190,000
sale date: 23 Feb 2004
rooms: 2
size: 603 sq ft
sale price: £185,000
sale date: 15 Jul 2003
rooms: 2
size: 560 sq ft
sale price: £138,000
sale date: 16 Apr 1999

Data Sources

The property at Flat 8, Buchanan Court Worgan Street, London, SE16 7WB appears two times in the Land Registry records, with the latest transaction recorded on 16 Jul 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jun 2019. 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.