Flat 1, 63 Millbank, London, SW1P 4RW is a leasehold flat built before 1900. The property offers approximately 732 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 £484,717 , which equates to approximately £662 per square foot. It was last sold on 23 Jun 2021 for £525,000. Since then, the value has decreased by £40,283, representing a 7.7% decrease, or approximately 1.7% per year.

The current estimated value of £484,717 is:

  • 69.0% lower than the average property price on Millbank
  • 34.5% lower than the average in the SW1P 4RW postcode area
  • and 42.0% lower than the average price for London as a whole

At the most recent EPC inspection on 5 June 2020, the property was recorded as owner-occupied.

View sold house prices in SW1P 4RW

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£484,717
Price Per sq ft (estimate)
£662
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, 63 Millbank, London, City Of Westminster, Greater London, SW1P 4RW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 26 Feb 2021.

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

The previous EPC assessment was conducted on 5 Jun 2020, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 20.6%.

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 changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from full secondary glazing to partial secondary glazing.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial secondary glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW1P 4RW

11 th / 11
Price Rank
35% lower than average
4 th / 8
Size Rank
4% bigger than average
8 th / 8
Price Per Sq FT Rank
37% lower than average

Compared to other properties in SW1P 4RW , this flat's estimated value ranks 11th out of 11. Based on price per square foot, it ranks 8th out of 8 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 4th out of 8 properties in its postcode area.

Sale History

Today
£484,717
streetscan.co.uk estimate
-8 %
23 Jun 2021
£525,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 818 sq ft
sale price: £1,000,000
sale date: 19 Aug 2016
rooms: 3
size: 703 sq ft
sale price: £495,000
sale date: 14 Oct 2010
rooms: 4
size: 743 sq ft
sale price: £310,000
sale date: 12 Feb 2004
rooms: 4
size: 753 sq ft
sale price: £210,000
sale date: 9 Aug 1999
rooms: 4
size: 743 sq ft
sale price: £865,000
sale date: 8 Aug 2024

Data Sources

The property at Flat 1, 63 Millbank, London, City Of Westminster, Greater London, SW1P 4RW appears once in the Land Registry records, with the transaction recorded on 23 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Feb 2021. 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.