Flat G, 1 Transom Close, London, SE16 7FH is a leasehold flat built between 1983-1990. The property offers approximately 538 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £425,969 , which equates to approximately £791 per square foot. It was last sold on 8 Mar 2011 for £265,000. Since then, the value has increased by £160,969, representing a 60.7% increase, or approximately 4.1% per year.

The current estimated value of £425,969 is:

  • 1.3% higher than the average property price on Transom Close
  • 11.2% higher than the average in the SE16 7FH postcode area
  • and 51.3% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 24 February 2021, the property was recorded as rented.

View sold house prices in SE16 7FH

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£425,969
Price Per sq ft (estimate)
£791
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat G, 1 Transom Close, London, Southwark, Greater London, SE16 7FH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Feb 2021.

This property uses electric room heaters as its main heating source. Gas instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Sep 2009, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 33.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to gas instantaneous at point of use, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from good to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Gas instantaneous at point of use
Good
Roof
Pitched, 50 mm loft insulation
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 SE16 7FH

13 th / 59
Price Rank
11% higher than average
8 th / 56
Size Rank
18% bigger than average
34 th / 56
Price Per Sq FT Rank
6% lower than average

Compared to other properties in SE16 7FH , this flat's estimated value ranks 13th out of 59. Based on price per square foot, it ranks 34th out of 56 properties. In terms of size, this home ranks 8th out of 56 properties in its postcode area.

Sale History

Today
£425,969
streetscan.co.uk estimate
+61 %
8 Mar 2011
£265,000
Leasehold
+60.6 %
20 Oct 2000
£165,000
Leasehold
+106.3 %
4 Sep 1996
£79,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £375,000
sale date: 27 Oct 2023
rooms: 3
size: 527 sq ft
sale price: £372,000
sale date: 14 Aug 2020
rooms: 3
size: 570 sq ft
sale price: £394,000
sale date: 2 Dec 2014
rooms: 3
size: 543 sq ft
sale price: £310,000
sale date: 1 Dec 2011
rooms: 3
size: 474 sq ft
sale price: £280,000
sale date: 8 Sep 2011

Data Sources

The property at Flat G, 1 Transom Close, London, SE16 7FH appears three times in the Land Registry records, with the latest transaction recorded on 8 Mar 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Feb 2021. 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.