251b, Flat, Southwark Park Road, Southwark, London, SE16 3TS

251b is a mid-terrace house in Southwark, London, London (SE16 3TS). It has a recorded floor area of 74 m² (around 797 sq ft), construction records dating it to 1900-1929 and council tax band C. The latest certificate (September 2022) shows a D (score 61), on the cusp of jumping into the C band. The rating has held steady at D across 3 certificates since August 2020. Between certificates, window efficiency dropped from Good to Average. The recommended improvements would push it to C (score 76).

It hasn't traded since January 2004, a hold of 22 years that's notably long for the area. At 74 m² the property is well over the postcode median (53 m² across 8 EPCs), placing it in the larger end of the local stock. Across 1999–2004, sale prices on this property compounded at 16.4% per year. Today's modelled estimate of £529,000 sits 92.4% above the 2004 sale of £275,000. On a £-per-square-foot basis, the last sale (£345/sq ft) was about 16.3% below the postcode norm. 3 planning records sit against the property, 2 approved, 0 refused.