Flat 23, Octavia House Medway Street, London, SW1P 2TA is a leasehold flat built between 1991-1995. The property offers approximately 441 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £566,358 , which equates to approximately £1,283 per square foot. It was last sold on 8 Nov 2002 for £250,000. Since then, the value has increased by £316,358, representing a 126.5% increase, or approximately 5.5% per year.

The current estimated value of £566,358 is:

  • 41.9% lower than the average property price on Medway Street
  • 35.1% lower than the average in the SW1P 2TA postcode area
  • and 32.2% lower than the average price for London as a whole

View sold house prices in SW1P 2TA

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
441 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£566,358
Price Per sq ft (estimate)
£1,283
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Dec 2018.

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.

The previous EPC assessment was conducted on 19 Dec 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to SW1P 2TA

46 th / 48
Price Rank
35% lower than average
33 rd / 38
Size Rank
31% smaller than average
30 th / 38
Price Per Sq FT Rank
5% lower than average

Compared to other properties in SW1P 2TA , this flat's estimated value ranks 46th out of 48. Based on price per square foot, it ranks 30th out of 38 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 33th out of 38 properties in its postcode area.

Sale History

Today
£566,358
streetscan.co.uk estimate
+127 %
8 Nov 2002
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £470,000
sale date: 25 Nov 2022
rooms: 2
size: 431 sq ft
sale price: £575,000
sale date: 19 Mar 2022
rooms: 2
size: 484 sq ft
sale price: £570,000
sale date: 18 Jul 2018
rooms: 2
size: 463 sq ft
sale price: £240,000
sale date: 26 May 2004
rooms: 2
size: 377 sq ft
sale price: £250,000
sale date: 16 Jan 2004

Data Sources

The property at Flat 23, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA appears once in the Land Registry records, with the transaction recorded on 8 Nov 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Dec 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.