Apartment 702, 1 Palace Place, London, SW1E 5BJ is a leasehold flat built between 2003-2006. The property offers approximately 2,013 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 £2,950,082 , which equates to approximately £1,466 per square foot. It was last sold on 1 Dec 2014 for £3,280,000. Since then, the value has decreased by £329,918, representing a 10.1% decrease, or approximately 0.9% per year.

The current estimated value of £2,950,082 is:

  • 26.2% higher than the average property price on Palace Place
  • 19.4% higher than the average in the SW1E 5BJ postcode area
  • and 237.0% 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
2013 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£2,950,082
Price Per sq ft (estimate)
£1,466
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Apartment 702, 1 Palace Place, London, City Of Westminster, Greater London Authority, SW1E 5BJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Apr 2019.

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

8 th / 21
Price Rank
19% higher than average
1 st / 12
Size Rank
40% bigger than average
8 th / 12
Price Per Sq FT Rank
15% lower than average

Compared to other properties in SW1E 5BJ , this flat's estimated value ranks 8th out of 21. Based on price per square foot, it ranks 8th 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 1st out of 12 properties in its postcode area.

Sale History

Today
£2,950,082
streetscan.co.uk estimate
-10 %
1 Dec 2014
£3,280,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1765 sq ft
sale price: £2,300,000
sale date: 28 Feb 2018
rooms: 4
size: 1851 sq ft
sale price: £3,150,000
sale date: 5 Sep 2013
rooms: 4
size: 1884 sq ft
sale price: £3,100,000
sale date: 18 Jul 2012

Data Sources

The property at Apartment 702, 1 Palace Place, London, City Of Westminster, Greater London Authority, SW1E 5BJ appears once in the Land Registry records, with the transaction recorded on 1 Dec 2014. It also has a single Energy Performance Certificate (EPC) from 15 Apr 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.