3 Norway Gate

    3, NORWAY GATE, LONDON, SE16 7TR

    This flat/maisonette leasehold property on Norway Gate last sold in August 2023 for £350,000. Based on price growth in the SE16 district since then, its estimated current value is £343,110 — placing it in the 58th percentile nationally and the 22nd percentile within SE16. The property covers 48 m² (517 sq ft), giving an estimated value of £7,148 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £350,000

    Aug 2023

    Estimated Valuation

    £343,110

    Est. £/sq ft

    £664/sq ft

    £7,148/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateMar 2016
    WallsSolid brick, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Aug 2023

    £350,000

    2 Feb 2015

    £162,000

    12 Jun 1998

    £105,000

    Key Metrics

    Estimated valuation£343,110
    Value per sq ft / m²£664/sq ft (£7,148/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE16 district percentile22nd percentile
    National percentile58th 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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