Flat 21, 55 Park Lane, London, W1K 1PT is a leasehold flat built before 1900. The property offers approximately 1,894 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £5,888,739 , which equates to approximately £3,108 per square foot. It was last sold on 21 Jul 2011 for £4,250,000. Since then, the value has increased by £1,638,739, representing a 38.6% increase, or approximately 2.7% per year.

The current estimated value of £5,888,739 is:

  • 245.9% higher than the average property price on Park Lane
  • 106.1% higher than the average in the W1K 1PT postcode area
  • and 572.8% higher than the average price for London as a whole

At the most recent EPC inspection on 22 June 2012, the property was recorded as owner-occupied.

View sold house prices in W1K 1PT

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1894 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£5,888,739
Price Per sq ft (estimate)
£3,108
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 21, 55 Park Lane, London, City Of Westminster, Greater London Authority, W1K 1PT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 22 Jun 2012.

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.

Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W1K 1PT

1 st / 10
Price Rank
106% higher than average
2 nd / 10
Size Rank
59% bigger than average
2 nd / 10
Price Per Sq FT Rank
29% higher than average

Compared to other properties in W1K 1PT , this flat's estimated value ranks 1st out of 10. Based on price per square foot, it ranks 2nd out of 10 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 2nd out of 10 properties in its postcode area.

Sale History

Today
£5,888,739
streetscan.co.uk estimate
+39 %
21 Jul 2011
£4,250,000
Leasehold
+209.1 %
22 Apr 2004
£1,374,999
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 2045 sq ft
sale price: £4,500,000
sale date: 27 Jun 2019
rooms: 5
size: 1948 sq ft
sale price: £5,100,000
sale date: 28 Nov 2018
rooms: 4
size: 2002 sq ft
sale price: £6,250,000
sale date: 10 Sep 2015
rooms: 4
size: 1722 sq ft
sale price: £1,799,999
sale date: 4 Jul 2003

Data Sources

The property at Flat 21, 55 Park Lane, London, W1K 1PT appears two times in the Land Registry records, with the latest transaction recorded on 21 Jul 2011. It also has a single Energy Performance Certificate (EPC) from 22 Jun 2012. 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.