Flat 12 Fairmont House Needleman Street

    FLAT 12 FAIRMONT HOUSE, NEEDLEMAN STREET, LONDON, SE16 7AW

    This flat/maisonette leasehold property on Needleman Street last sold in September 2024 for £490,000. Based on price growth in the SE16 district since then, its estimated current value is £486,373 — placing it in the 78th percentile nationally and the 52nd percentile within SE16. The property covers 47 m² (506 sq ft), giving an estimated value of £10,348 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £490,000

    Sept 2024

    Estimated Valuation

    £486,373

    Est. £/sq ft

    £961/sq ft

    £10,348/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (community)
    EPC currentB
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    13 Sept 2024

    £490,000

    Key Metrics

    Estimated valuation£486,373
    Value per sq ft / m²£961/sq ft (£10,348/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE16 district percentile52nd percentile
    National percentile78th percentile

    District Context — SE16

    SE16 covers Rotherhithe and surrounding areas in south London, sitting south of the Thames on the Surrey side. It is a mixed-tenure neighbourhood with a significant young professional population, characterized by riverside development and strong transport connectivity.

    Average Property Price - SE16

    £513,583

    82

    National percentile

    Average Net Household Income - SE16

    £53,419

    94

    National percentile

    10-Year Annualised Price Growth - SE16

    0.9%

    3

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    View full analysis for SE16

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