Flat 1, 50 Millbank, London, SW1P 4RL is a leasehold flat built before 1900. The property offers approximately 581 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £423,610 , which equates to approximately £729 per square foot. It was last sold on 29 Apr 2022 for £550,000. Since then, the value has decreased by £126,390, representing a 23.0% decrease, or approximately 6.3% per year.

The current estimated value of £423,610 is:

  • 72.9% lower than the average property price on Millbank
  • 41.3% lower than the average in the SW1P 4RL postcode area
  • and 49.3% lower than the average price for London as a whole

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£423,610
Price Per sq ft (estimate)
£729
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 50 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 21 Feb 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows have full secondary glazing.

The previous EPC assessment was conducted on 3 Jun 2009, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 89.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The windows were upgraded from partial triple glazing to full secondary glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 80% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to SW1P 4RL

30 th / 38
Price Rank
41% lower than average
25 th / 35
Size Rank
10% smaller than average
22 nd / 35
Price Per Sq FT Rank
35% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 30th out of 38. Based on price per square foot, it ranks 22th out of 35 properties. In terms of size, this home ranks 25th out of 35 properties in its postcode area.

Sale History

Today
£423,610
streetscan.co.uk estimate
-23 %
29 Apr 2022
£550,000
Leasehold
+52.8 %
23 Aug 2007
£360,000
Leasehold
+30.9 %
3 Nov 2005
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 50 Millbank, London, SW1P 4RL
rooms: 2
size: 560 sq ft
sale price: £600,000
sale date: 12 Jul 2024
Flat 7, 48 Millbank, London, SW1P 4RL
rooms: 2
size: 603 sq ft
sale price: £705,000
sale date: 10 Nov 2023
Flat 8, 50 Millbank, London, SW1P 4RL
rooms: 3
size: 517 sq ft
sale price: £620,000
sale date: 26 Jul 2019
Flat 9, 56 Millbank, London, SW1P 4RL
rooms: 2
size: 614 sq ft
sale price: £681,000
sale date: 18 Nov 2015
Flat 5, 50 Millbank, London, SW1P 4RL
rooms: 2
size: 603 sq ft
sale price: £585,000
sale date: 13 Jun 2011

Data Sources

The property at Flat 1, 50 Millbank, London, SW1P 4RL appears three times in the Land Registry records, with the latest transaction recorded on 29 Apr 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Feb 2020. 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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