Apartment 701, 1 Palace Place, London, SW1E 5BJ is a leasehold flat built in 2007 onwards. The property offers approximately 1,851 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £3,397,405 , which equates to approximately £1,835 per square foot. It was last sold on 5 Sep 2013 for £3,150,000. Since then, the value has increased by £247,405, representing a 7.9% increase, or approximately 0.6% per year.

The current estimated value of £3,397,405 is:

  • 45.3% higher than the average property price on Palace Place
  • 37.5% higher than the average in the SW1E 5BJ postcode area
  • and 288.1% 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
2007 onwards
Interior Size
1851 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£3,397,405
Price Per sq ft (estimate)
£1,835
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Apartment 701, 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 23 Aug 2013.

This property is heated by an air source heat pump with warm air heating. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Air source heat pump, warm air, electric
Good
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to SW1E 5BJ

7 th / 21
Price Rank
38% higher than average
3 rd / 12
Size Rank
29% bigger than average
5 th / 12
Price Per Sq FT Rank
7% higher than average

Compared to other properties in SW1E 5BJ , this flat's estimated value ranks 7th out of 21. Based on price per square foot, it ranks 5th out of 12 properties. In terms of size, this home ranks 3rd out of 12 properties in its postcode area.

Sale History

Today
£3,397,405
streetscan.co.uk estimate
+8 %
5 Sep 2013
£3,150,000
Leasehold
+57.5 %
24 Oct 2011
£2,000,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1765 sq ft
sale price: £2,300,000
sale date: 28 Feb 2018
rooms: 3
size: 2013 sq ft
sale price: £3,280,000
sale date: 1 Dec 2014
rooms: 4
size: 1884 sq ft
sale price: £3,100,000
sale date: 18 Jul 2012

Data Sources

The property at Apartment 701, 1 Palace Place, London, SW1E 5BJ appears two times in the Land Registry records, with the latest transaction recorded on 5 Sep 2013. It also has a single Energy Performance Certificate (EPC) from 23 Aug 2013. 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.