Flat 14, Octavia House Medway Street, London, SW1P 2TA is a leasehold flat built between 1983-1990. The property offers approximately 431 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £441,014 , which equates to approximately £1,024 per square foot. It was last sold on 19 Mar 2022 for £575,000. Since then, the value has decreased by £133,986, representing a 23.3% decrease, or approximately 6.2% per year.

The current estimated value of £441,014 is:

  • 54.7% lower than the average property price on Medway Street
  • 49.4% lower than the average in the SW1P 2TA postcode area
  • and 47.2% lower than the average price for London as a whole

View sold house prices in SW1P 2TA

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£441,014
Price Per sq ft (estimate)
£1,024
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 14, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 May 2019.

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 standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Jun 2015, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 1.4%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 50% of fixed outlets to low energy lighting in 60% of fixed outlets, with no change in efficiency (good).
Heating Type
Community scheme
Good
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to SW1P 2TA

48 th / 48
Price Rank
49% lower than average
34 th / 38
Size Rank
33% smaller than average
34 th / 38
Price Per Sq FT Rank
25% lower than average

Compared to other properties in SW1P 2TA , this flat's estimated value ranks 48th out of 48. Based on price per square foot, it ranks 34th out of 38 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 34th out of 38 properties in its postcode area.

Sale History

Today
£441,014
streetscan.co.uk estimate
-23 %
19 Mar 2022
£575,000
Leasehold
+8.5 %
25 Mar 2015
£530,000
Leasehold
0 %
25 Mar 2015
£530,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £470,000
sale date: 25 Nov 2022
rooms: 2
size: 484 sq ft
sale price: £570,000
sale date: 18 Jul 2018
rooms: 2
size: 463 sq ft
sale price: £240,000
sale date: 26 May 2004
rooms: 2
size: 377 sq ft
sale price: £250,000
sale date: 16 Jan 2004
rooms: 2
size: 452 sq ft
sale price: £267,500
sale date: 19 Feb 2003

Data Sources

The property at Flat 14, Octavia House Medway Street, London, SW1P 2TA appears three times in the Land Registry records, with the latest transaction recorded on 19 Mar 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 May 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.