Flat 89, Westlake Rotherhithe New Road, London, SE16 2DG is a leasehold flat built between 1950-1966. The property offers approximately 527 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 £240,136 , which equates to approximately £455 per square foot. It was last sold on 7 Mar 2024 for £230,000. Since then, the value has increased by £10,136, representing a 4.4% increase, or approximately 2.5% per year.

The current estimated value of £240,136 is:

  • 36.2% lower than the average property price on Rotherhithe New Road
  • 5.4% lower than the average in the SE16 2DG postcode area
  • and 72.6% lower than the average price for London as a whole

View sold house prices in SE16 2DG

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£240,136
Price Per sq ft (estimate)
£455
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 89, Westlake Rotherhithe New Road, London, Southwark, Greater London Authority, SE16 2DG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Aug 2017.

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 18 Aug 2016, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.5%.

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 wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to SE16 2DG

10 th / 10
Price Rank
5% lower than average
2 nd / 8
Size Rank
17% bigger than average
8 th / 8
Price Per Sq FT Rank
19% lower than average

Compared to other properties in SE16 2DG , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 8th out of 8 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 8 properties in its postcode area.

Sale History

Today
£240,136
streetscan.co.uk estimate
+4 %
7 Mar 2024
£230,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 538 sq ft
sale price: £305,000
sale date: 20 Jan 2023
rooms: 2
size: 527 sq ft
sale price: £263,000
sale date: 29 Apr 2021
rooms: 2
size: 495 sq ft
sale price: £232,000
sale date: 8 Oct 2020
rooms: 3
size: 452 sq ft
sale price: £297,500
sale date: 28 Oct 2016
rooms: 2
size: 527 sq ft
sale price: £138,000
sale date: 17 Nov 2009

Data Sources

The property at Flat 89, Westlake Rotherhithe New Road, London, Southwark, Greater London Authority, SE16 2DG appears once in the Land Registry records, with the transaction recorded on 7 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 2017. 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.