31 Teak Close

    31, TEAK CLOSE, LONDON, SE16 5NW

    This terraced freehold property on Teak Close last sold in February 2017 for £600,000. Based on price growth in the SE16 district since then, its estimated current value is £578,308 — placing it in the 85th percentile nationally and the 69th percentile within SE16. The property covers 91 m² (980 sq ft), giving an estimated value of £6,355 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £600,000

    Feb 2017

    Estimated Valuation

    £578,308

    Est. £/sq ft

    £590/sq ft

    £6,355/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (community)
    EPC currentD
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateDec 2016
    WallsCavity wall, filled cavity
    HeatingCommunity scheme

    Transaction History

    9 Feb 2017

    £600,000

    4 Jul 2016

    £297,300

    Key Metrics

    Estimated valuation£578,308
    Value per sq ft / m²£590/sq ft (£6,355/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE16 district percentile69th percentile
    National percentile85th 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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