Apartment 305, 1 Palace Place, London, SW1E 5BJ is a leasehold flat built between 2003-2006. The property offers approximately 980 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 £1,323,062 , which equates to approximately £1,351 per square foot. It was last sold on 18 Mar 2011 for £995,000. Since then, the value has increased by £328,062, representing a 33.0% increase, or approximately 2.2% per year.

The current estimated value of £1,323,062 is:

  • 40.7% lower than the average property price on Palace Place
  • 46.4% lower than the average in the SW1E 5BJ postcode area
  • and 58.3% higher than the average price for London as a whole

View sold house prices in SW1E 5BJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
980 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£1,323,062
Price Per sq ft (estimate)
£1,351
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 305, 1 Palace Place, London, City Of Westminster, Greater London Authority, SW1E 5BJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Aug 2019.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

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

Compared to SW1E 5BJ

16 th / 21
Price Rank
46% lower than average
11 th / 12
Size Rank
32% smaller than average
9 th / 12
Price Per Sq FT Rank
21% lower than average

Compared to other properties in SW1E 5BJ , this flat's estimated value ranks 16th out of 21. Based on price per square foot, it ranks 9th out of 12 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 11th out of 12 properties in its postcode area.

Sale History

Today
£1,323,062
streetscan.co.uk estimate
+33 %
18 Mar 2011
£995,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 990 sq ft
sale price: £1,550,000
sale date: 25 Sep 2014
rooms: 2
size: 1044 sq ft
sale price: £925,815
sale date: 30 Jun 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 305, 1 Palace Place, London, City Of Westminster, Greater London Authority, SW1E 5BJ appears once in the Land Registry records, with the transaction recorded on 18 Mar 2011. It also has a single Energy Performance Certificate (EPC) from 14 Aug 2019. 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.