Ground Floor Flat, 48 Spenser Road, London, SE24 0NR is a leasehold flat built between 1900-1929. The property offers approximately 603 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £496,543 , which equates to approximately £824 per square foot. It was last sold on 1 Feb 2012 for £302,000. Since then, the value has increased by £194,543, representing a 64.4% increase, or approximately 4.6% per year.

The current estimated value of £496,543 is:

  • 27.6% lower than the average property price on Spenser Road
  • 39.7% lower than the average in the SE24 0NR postcode area
  • and 43.3% lower than the average price for London as a whole

At the most recent EPC inspection on 21 April 2021, the property was recorded as owner-occupied.

View sold house prices in SE24 0NR

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
603 sq ft
Tenure
Leasehold
Price (estimate)
£496,543
Price Per sq ft (estimate)
£824
Bedroom Count (estimate)
1 bedroom

EPC Summary

Ground Floor Flat, 48 Spenser Road, London, Lambeth, Greater London, SE24 0NR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Apr 2021.

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 30 Sep 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.4%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE24 0NR

30 th / 41
Price Rank
40% lower than average
11 th / 16
Size Rank
37% smaller than average
12 th / 16
Price Per Sq FT Rank
4% lower than average

Compared to other properties in SE24 0NR , this flat's estimated value ranks 30th out of 41. Based on price per square foot, it ranks 12th out of 16 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 11th out of 16 properties in its postcode area.

Sale History

Today
£496,543
streetscan.co.uk estimate
+64 %
1 Feb 2012
£302,000
Leasehold
+4.1 %
9 Nov 2007
£290,000
Leasehold
+61.2 %
21 Jan 2005
£179,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £540,000
sale date: 17 Oct 2023
rooms: 3
size: 679 sq ft
sale price: £285,000
sale date: 21 Dec 2010
rooms: 3
size: 614 sq ft
sale price: £560,000
sale date: 6 Oct 2023
rooms: 3
size: 581 sq ft
sale price: £465,000
sale date: 1 Aug 2022
rooms: 3
size: 624 sq ft
sale price: £620,000
sale date: 24 Sep 2021

Data Sources

The property at Ground Floor Flat, 48 Spenser Road, London, SE24 0NR appears three times in the Land Registry records, with the latest transaction recorded on 1 Feb 2012. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Apr 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.