Flat 101, 55 Park Lane, London, W1K 1PX is a leasehold other property built before 1900. The property offers approximately 2,002 square feet of living space and is situated on the 5th floor. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £5,248,730 , which equates to approximately £2,622 per square foot. It was last sold on 6 Feb 2017 for £6,450,000. Since then, the value has decreased by £1,201,270, representing a 18.6% decrease, or approximately 2.1% per year.

The current estimated value of £5,248,730 is:

  • 208.3% higher than the average property price on Park Lane
  • 99.7% higher than the average in the W1K 1PX postcode area
  • and 499.7% higher than the average price for London as a whole

At the most recent EPC inspection on 5 September 2016, the property was recorded as owner-occupied.

View sold house prices in W1K 1PX

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
2002 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£5,248,730
Price Per sq ft (estimate)
£2,622
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 101, 55 Park Lane, London, City Of Westminster, Greater London Authority, W1K 1PX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Sep 2016.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 18% of fixed outlets
Poor

Compared to W1K 1PX

1 st / 17
Price Rank
100% higher than average
1 st / 13
Size Rank
85% bigger than average
2 nd / 13
Price Per Sq FT Rank
8% higher than average

Compared to other properties in W1K 1PX , this flat's estimated value ranks 1st out of 17. Based on price per square foot, it ranks 2nd out of 13 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 1st out of 13 properties in its postcode area.

Sale History

Today
£5,248,730
streetscan.co.uk estimate
-19 %
6 Feb 2017
£6,450,000
Leasehold
+273.9 %
14 Dec 2005
£1,725,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 700 sq ft
sale price: £2,250,000
sale date: 15 Jul 2015
rooms: 3
size: 732 sq ft
sale price: £1,700,000
sale date: 3 Dec 2013
rooms: 2
size: 786 sq ft
sale price: £1,860,000
sale date: 30 Sep 2013
rooms: 3
size: 1141 sq ft
sale price: £2,490,000
sale date: 10 Jul 2013
rooms: 2
size: 630 sq ft
sale price: £1,075,000
sale date: 2 Jul 2010

Data Sources

The property at Flat 101, 55 Park Lane, London, W1K 1PX appears two times in the Land Registry records, with the latest transaction recorded on 6 Feb 2017. It also has a single Energy Performance Certificate (EPC) from 5 Sep 2016. 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.