Flat 2, 55 Palace Road, London, SW2 3LB is a leasehold flat built between 1950-1966. The property offers approximately 657 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 £313,002 , which equates to approximately £477 per square foot. It was last sold on 12 Oct 2007 for £200,000. Since then, the value has increased by £113,002, representing a 56.5% increase, or approximately 3.1% per year.

The current estimated value of £313,002 is:

  • 38.0% lower than the average property price on Palace Road
  • 54.6% lower than the average in the SW2 3LB postcode area
  • and 64.2% lower than the average price for London as a whole

At the most recent EPC inspection on 22 September 2018, the property was recorded as owner-occupied.

View sold house prices in SW2 3LB

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
657 sq ft
Tenure
Leasehold
Price (estimate)
£313,002
Price Per sq ft (estimate)
£477
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 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 22 Sep 2018.

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 have partial double glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SW2 3LB

63 rd / 72
Price Rank
55% lower than average
26 th / 57
Size Rank
38% smaller than average
53 rd / 57
Price Per Sq FT Rank
27% lower than average

Compared to other properties in SW2 3LB , this flat's estimated value ranks 63th out of 72. Based on price per square foot, it ranks 53th out of 57 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 26th out of 57 properties in its postcode area.

Sale History

Today
£313,002
streetscan.co.uk estimate
+57 %
12 Oct 2007
£200,000
Leasehold
+81.8 %
28 Nov 2003
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 624 sq ft
sale price: £250,000
sale date: 24 Oct 2024
rooms: 3
size: 646 sq ft
sale price: £450,000
sale date: 2 Oct 2024
rooms: 3
size: 581 sq ft
sale price: £500,000
sale date: 9 May 2024
rooms: 3
size: 700 sq ft
sale price: £525,000
sale date: 22 Sep 2023
rooms: 3
size: 678 sq ft
sale price: £430,000
sale date: 26 Sep 2022

Data Sources

The property at Flat 2, 55 Palace Road, London, SW2 3LB appears two times in the Land Registry records, with the latest transaction recorded on 12 Oct 2007. It also has a single Energy Performance Certificate (EPC) from 22 Sep 2018. 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.