56 Palace Road, London, SE19 2LX is a leasehold flat built between 1950-1966. The property offers approximately 495 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £254,943 , which equates to approximately £515 per square foot. It was last sold on 30 May 2023 for £245,000. Since then, the value has increased by £9,943, representing a 4.1% increase, or approximately 1.6% per year.

The current estimated value of £254,943 is:

  • 49.5% lower than the average property price on Palace Road
  • 20.0% lower than the average in the SE19 2LX postcode area
  • and 70.9% lower than the average price for London as a whole

At the most recent EPC inspection on 19 October 2022, the property was recorded as owner-occupied.

View sold house prices in SE19 2LX

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£254,943
Price Per sq ft (estimate)
£515
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Palace Road, London, Bromley, Greater London, SE19 2LX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Oct 2022.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE19 2LX

14 th / 19
Price Rank
20% lower than average
6 th / 10
Size Rank
15% smaller than average
7 th / 10
Price Per Sq FT Rank
6% lower than average

Compared to other properties in SE19 2LX , this flat's estimated value ranks 14th out of 19. Based on price per square foot, it ranks 7th out of 10 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 6th out of 10 properties in its postcode area.

Sale History

Today
£254,943
streetscan.co.uk estimate
+4 %
30 May 2023
£245,000
Leasehold
+571.2 %
22 Apr 1998
£36,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £285,000
sale date: 13 Oct 2023
rooms: 3
size: 538 sq ft
sale price: £290,000
sale date: 29 Mar 2016
rooms: 3
size: 484 sq ft
sale price: £240,000
sale date: 27 Jun 2014
rooms: 2
size: 495 sq ft
sale price: £170,000
sale date: 10 Aug 2012
rooms: 2
size: 506 sq ft
sale price: £128,500
sale date: 27 Jan 2006

Data Sources

The property at 56 Palace Road, London, SE19 2LX appears two times in the Land Registry records, with the latest transaction recorded on 30 May 2023. It also has a single Energy Performance Certificate (EPC) from 19 Oct 2022. 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.