Flat 1A, 55 Palace Road, London, SW2 3LB is a leasehold flat built between 1900-1929. The property offers approximately 431 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £192,434 , which equates to approximately £447 per square foot. It was last sold on 7 Aug 2023 for £195,000. Since then, the value has decreased by £2,566, representing a 1.3% decrease, or approximately 0.6% per year.

The current estimated value of £192,434 is:

  • 61.9% lower than the average property price on Palace Road
  • 72.1% lower than the average in the SW2 3LB postcode area
  • and 78.0% lower than the average price for London as a whole

At the most recent EPC inspection on 26 September 2019, the property was recorded as owner-occupied.

View sold house prices in SW2 3LB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
431 sq ft
Tenure
Leasehold
Price (estimate)
£192,434
Price Per sq ft (estimate)
£447
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1A, 55 Palace Road, London, Lambeth, Greater London Authority, SW2 3LB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 26 Sep 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Jun 2009, and the property received the same rating of D with an unchanged energy efficiency score of 61.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 91% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 91% of fixed outlets
Very Good

Compared to SW2 3LB

56 th / 72
Price Rank
72% lower than average
51 st / 57
Size Rank
59% smaller than average
12 th / 57
Price Per Sq FT Rank
32% lower than average

Compared to other properties in SW2 3LB , this flat's estimated value ranks 56th out of 72. Based on price per square foot, it ranks 12th out of 57 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 51th out of 57 properties in its postcode area.

Sale History

Today
£192,434
streetscan.co.uk estimate
-1 %
7 Aug 2023
£195,000
Leasehold
+21.9 %
27 Sep 2006
£160,000
Leasehold
+17.6 %
3 Jun 2004
£136,000
Leasehold
+3 %
12 Jul 2002
£132,000
Leasehold
+146.7 %
9 Oct 1998
£53,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £320,500
sale date: 26 Sep 2024
rooms: 2
size: 441 sq ft
sale price: £370,000
sale date: 24 May 2024
rooms: 3
size: 452 sq ft
sale price: £340,000
sale date: 28 Apr 2023
rooms: 2
size: 420 sq ft
sale price: £246,000
sale date: 4 Aug 2014
rooms: 2
size: 463 sq ft
sale price: £236,000
sale date: 3 Sep 2013

Data Sources

The property at Flat 1A, 55 Palace Road, London, SW2 3LB appears five times in the Land Registry records, with the latest transaction recorded on 7 Aug 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Sep 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.