Flat 16, 55 Portland Place, London, W1B 1QL is a leasehold flat built between 1900-1929. The property offers approximately 1,464 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £1,623,444 , which equates to approximately £1,109 per square foot. It was last sold on 14 Mar 2005 for £760,000. Since then, the value has increased by £863,444, representing a 113.6% increase, or approximately 5.5% per year.

The current estimated value of £1,623,444 is:

  • 35.9% lower than the average property price on Portland Place
  • 35.7% lower than the average in the W1B 1QL postcode area
  • and 85.5% higher than the average price for London as a whole

At the most recent EPC inspection on 28 October 2021, the property was recorded as rented.

View sold house prices in W1B 1QL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1464 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£1,623,444
Price Per sq ft (estimate)
£1,109
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 16, 55 Portland Place, London, City Of Westminster, Greater London, W1B 1QL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Oct 2021.

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.

The previous EPC assessment was conducted on 28 Oct 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.1%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme, mains gas to community scheme, with no change in energy efficiency (good).
  • The hot water system was changed from from main system to community scheme, with its energy efficiency improving from very poor to good.
  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from no low energy lighting to low energy lighting in 8% of fixed outlets, with no change in efficiency (very poor).
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 8% of fixed outlets
Very Poor

Compared to W1B 1QL

12 th / 16
Price Rank
36% lower than average
7 th / 9
Size Rank
1% bigger than average
9 th / 9
Price Per Sq FT Rank
36% lower than average

Compared to other properties in W1B 1QL , this flat's estimated value ranks 12th out of 16. Based on price per square foot, it ranks 9th out of 9 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 7th out of 9 properties in its postcode area.

Sale History

Today
£1,623,444
streetscan.co.uk estimate
+114 %
14 Mar 2005
£760,000
Leasehold
+117.1 %
22 Sep 2003
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 22, 55 Portland Place, London, W1B 1QL
rooms: 4
size: 1324 sq ft
sale price: £2,965,000
sale date: 19 Dec 2014
Flat 17, 55 Portland Place, London, W1B 1QL
rooms: 4
size: 1475 sq ft
sale price: £2,500,000
sale date: 6 Dec 2013
Flat 21, 55 Portland Place, London, W1B 1QL
rooms: 5
size: 1496 sq ft
sale price: £750,000
sale date: 7 Jul 2004
Flat 5, 55 Portland Place, London, W1B 1QL
rooms: 5
size: 1528 sq ft
sale price: £375,000
sale date: 1 Jul 1996
Flat 23, Ambika House, 9B Portland Place, London, W1B 1PS
rooms: 4
size: 1324 sq ft
sale price: £1,360,000
sale date: 24 Apr 2024

Data Sources

The property at Flat 16, 55 Portland Place, London, W1B 1QL appears two times in the Land Registry records, with the latest transaction recorded on 14 Mar 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Oct 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.
↑