Apartment 301, 1 Palace Place, London, SW1E 5BJ is a leasehold flat built between 2003-2006. The property offers approximately 990 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £1,362,515 , which equates to approximately £1,376 per square foot. It was last sold on 25 Sep 2014 for £1,550,000. Since then, the value has decreased by £187,485, representing a 12.1% decrease, or approximately 1.1% per year.

The current estimated value of £1,362,515 is:

  • 39.0% lower than the average property price on Palace Place
  • 44.8% lower than the average in the SW1E 5BJ postcode area
  • and 63.1% higher than the average price for London as a whole

At the most recent EPC inspection on 1 March 2016, the property was recorded as owner-occupied.

View sold house prices in SW1E 5BJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
990 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£1,362,515
Price Per sq ft (estimate)
£1,376
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 301, 1 Palace Place, London, City Of Westminster, Greater London Authority, SW1E 5BJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 2016.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to SW1E 5BJ

11 th / 21
Price Rank
45% lower than average
10 th / 12
Size Rank
31% smaller than average
3 rd / 12
Price Per Sq FT Rank
20% lower than average

Compared to other properties in SW1E 5BJ , this flat's estimated value ranks 11th out of 21. Based on price per square foot, it ranks 3rd out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 12 properties in its postcode area.

Sale History

Today
£1,362,515
streetscan.co.uk estimate
-12 %
25 Sep 2014
£1,550,000
Leasehold
+19.2 %
21 Feb 2011
£1,300,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 1044 sq ft
sale price: £925,815
sale date: 30 Jun 2011
rooms: 3
size: 980 sq ft
sale price: £995,000
sale date: 18 Mar 2011
rooms: 3
size: 1001 sq ft
sale price: £1,178,100
sale date: 8 Mar 2011
rooms: 4
size: 1012 sq ft
sale price: £1,314,350
sale date: 25 Feb 2011

Data Sources

The property at Apartment 301, 1 Palace Place, London, SW1E 5BJ appears two times in the Land Registry records, with the latest transaction recorded on 25 Sep 2014. It also has a single Energy Performance Certificate (EPC) from 1 Mar 2016. 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.