Flat 1, 56 Millbank, London, SW1P 4RL is a leasehold flat built between 1900-1929. The property offers approximately 807 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £676,053 , which equates to approximately £837 per square foot. It was last sold on 21 Apr 2011 for £525,000. Since then, the value has increased by £151,053, representing a 28.8% increase, or approximately 2.0% per year.

The current estimated value of £676,053 is:

  • 56.8% lower than the average property price on Millbank
  • 6.3% lower than the average in the SW1P 4RL postcode area
  • and 19.1% lower than the average price for London as a whole

At the most recent EPC inspection on 28 April 2022, the property was recorded as rented.

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
807 sq ft
Tenure
Leasehold
Price (estimate)
£676,053
Price Per sq ft (estimate)
£837
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, 56 Millbank, London, City Of Westminster, Greater London, SW1P 4RL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Apr 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have some secondary glazing.

The previous EPC assessment was conducted on 4 Dec 2008, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 112.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from single glazed to some secondary glazing.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Some secondary glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW1P 4RL

3 rd / 38
Price Rank
6% lower than average
4 th / 35
Size Rank
25% bigger than average
15 th / 35
Price Per Sq FT Rank
25% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 3rd out of 38. Based on price per square foot, it ranks 15th out of 35 properties. In terms of size, this home ranks 4th out of 35 properties in its postcode area.

Sale History

Today
£676,053
streetscan.co.uk estimate
+29 %
21 Apr 2011
£525,000
Leasehold
+169.2 %
29 Aug 1997
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 53 Millbank, London, SW1P 4RL
rooms: 4
size: 743 sq ft
sale price: £865,000
sale date: 8 Aug 2024
Flat 4, 57 Millbank, London, SW1P 4RL
rooms: 3
size: 807 sq ft
sale price: £765,000
sale date: 19 Jan 2024
Flat 3, 48 Millbank, London, SW1P 4RL
rooms: 3
size: 743 sq ft
sale price: £1,040,000
sale date: 2 Aug 2023
Flat 5, 57 Millbank, London, SW1P 4RL
rooms: 3
size: 850 sq ft
sale price: £862,500
sale date: 30 Jun 2020
Flat 10, 53 Millbank, London, SW1P 4RL
rooms: 2
size: 689 sq ft
sale price: £675,000
sale date: 6 Nov 2015

Data Sources

The property at Flat 1, 56 Millbank, London, SW1P 4RL appears two times in the Land Registry records, with the latest transaction recorded on 21 Apr 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Apr 2022. 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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