Apartment 501, 1 Palace Place, London, SW1E 5BJ is a leasehold flat built between 2003-2006. The property offers approximately 1,399 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £1,889,804 , which equates to approximately £1,351 per square foot. It was last sold on 14 Dec 2022 for £2,500,000. Since then, the value has decreased by £610,196, representing a 24.4% decrease, or approximately 8.1% per year.

The current estimated value of £1,889,804 is:

  • 15.3% lower than the average property price on Palace Place
  • 23.5% lower than the average in the SW1E 5BJ postcode area
  • and 126.2% higher than the average price for London as a whole

At the most recent EPC inspection on 9 December 2019, 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
1399 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£1,889,804
Price Per sq ft (estimate)
£1,351
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Apartment 501, 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 9 Dec 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
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW1E 5BJ

9 th / 21
Price Rank
23% lower than average
5 th / 12
Size Rank
3% smaller than average
6 th / 12
Price Per Sq FT Rank
21% lower than average

Compared to other properties in SW1E 5BJ , this flat's estimated value ranks 9th out of 21. Based on price per square foot, it ranks 6th out of 12 properties. In terms of size, this home ranks 5th out of 12 properties in its postcode area.

Sale History

Today
£1,889,804
streetscan.co.uk estimate
-24 %
14 Dec 2022
£2,500,000
Leasehold
+34.8 %
5 Apr 2011
£1,855,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 801, 1 Palace Place, London, SW1E 5BJ
rooms: 3
size: 1206 sq ft
sale price: £2,492,000
sale date: 27 Mar 2012

Data Sources

The property at Apartment 501, 1 Palace Place, London, SW1E 5BJ appears two times in the Land Registry records, with the latest transaction recorded on 14 Dec 2022. It also has a single Energy Performance Certificate (EPC) from 9 Dec 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.
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