Flat 1B, 55 Palace Road, London, SW2 3LB is a leasehold flat built between 1930-1949. The property offers approximately 398 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 £281,015 , which equates to approximately £706 per square foot. It was last sold on 11 Apr 2003 for £115,000. Since then, the value has increased by £166,015, representing a 144.4% increase, or approximately 6.4% per year.

The current estimated value of £281,015 is:

  • 44.4% lower than the average property price on Palace Road
  • 59.3% lower than the average in the SW2 3LB postcode area
  • and 67.9% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 5 December 2024, the property was recorded as owner-occupied.

View sold house prices in SW2 3LB

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
398 sq ft
Tenure
Leasehold
Price (estimate)
£281,015
Price Per sq ft (estimate)
£706
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1B, 55 Palace Road, London, Lambeth, Greater London, SW2 3LB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 5 Dec 2024.

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 10 Sep 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good 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)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW2 3LB

69 th / 72
Price Rank
59% lower than average
55 th / 57
Size Rank
62% smaller than average
21 st / 57
Price Per Sq FT Rank
8% higher than average

Compared to other properties in SW2 3LB , this flat's estimated value ranks 69th out of 72. Based on price per square foot, it ranks 21th out of 57 properties. In terms of size, this home ranks 55th out of 57 properties in its postcode area.

Sale History

Today
£281,015
streetscan.co.uk estimate
+144 %
11 Apr 2003
£115,000
Leasehold
+53.3 %
20 Sep 2002
£75,000
Leasehold
+400 %
1 Aug 1995
£15,000
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: 2
size: 420 sq ft
sale price: £246,000
sale date: 4 Aug 2014
rooms: 2
size: 431 sq ft
sale price: £50,000
sale date: 18 Oct 1996
rooms: 1
size: 388 sq ft
sale price: £285,000
sale date: 30 Oct 2024

Data Sources

The property at Flat 1B, 55 Palace Road, London, SW2 3LB appears three times in the Land Registry records, with the latest transaction recorded on 11 Apr 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Dec 2024. 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.