Flat 2, 53 Millbank, London, SW1P 4RL is a leasehold flat built before 1900. The property offers approximately 667 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £629,143 , which equates to approximately £943 per square foot. It was last sold on 27 Apr 2001 for £210,000. Since then, the value has increased by £419,143, representing a 199.6% increase, or approximately 8.1% per year.

The current estimated value of £629,143 is:

  • 59.8% lower than the average property price on Millbank
  • 12.8% lower than the average in the SW1P 4RL postcode area
  • and 24.7% lower than the average price for London as a whole

At the most recent EPC inspection on 11 July 2022, the property was recorded as rented.

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
667 sq ft
Tenure
Leasehold
Price (estimate)
£629,143
Price Per sq ft (estimate)
£943
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 53 Millbank, London, City Of Westminster, Greater London, SW1P 4RL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 11 Jul 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial double glazing.

The previous EPC assessment was conducted on 31 Oct 2012. The rating of E is unchanged, though the energy efficiency score decreased by 3.7%.

Since the previous assessment, several changes were observed:

  • 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 partial secondary glazing to partial double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to SW1P 4RL

28 th / 38
Price Rank
13% lower than average
17 th / 35
Size Rank
4% bigger than average
30 th / 35
Price Per Sq FT Rank
16% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 28th out of 38. Based on price per square foot, it ranks 30th out of 35 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 17th out of 35 properties in its postcode area.

Sale History

Today
£629,143
streetscan.co.uk estimate
+200 %
27 Apr 2001
£210,000
Leasehold
+34.6 %
21 Dec 1999
£156,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, 57 Millbank, London, SW1P 4RL
rooms: 3
size: 678 sq ft
sale price: £774,000
sale date: 24 May 2024
Flat 7, 48 Millbank, London, SW1P 4RL
rooms: 2
size: 603 sq ft
sale price: £705,000
sale date: 10 Nov 2023
Flat 3, 48 Millbank, London, SW1P 4RL
rooms: 3
size: 743 sq ft
sale price: £1,040,000
sale date: 2 Aug 2023
Flat 1, 50 Millbank, London, SW1P 4RL
rooms: 3
size: 581 sq ft
sale price: £550,000
sale date: 29 Apr 2022
Flat 9, 56 Millbank, London, SW1P 4RL
rooms: 2
size: 614 sq ft
sale price: £681,000
sale date: 18 Nov 2015

Data Sources

The property at Flat 2, 53 Millbank, London, SW1P 4RL appears two times in the Land Registry records, with the latest transaction recorded on 27 Apr 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jul 2022. 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.
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