Flat 26, 55 Park Lane, London, W1K 1PT is a leasehold flat built between 1930-1949. The property offers approximately 1,130 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,723,249 , which equates to approximately £1,525 per square foot. It was last sold on 17 May 2005 for £800,000. Since then, the value has increased by £923,249, representing a 115.4% increase, or approximately 5.6% per year.

The current estimated value of £1,723,249 is:

  • 1.2% higher than the average property price on Park Lane
  • 39.7% lower than the average in the W1K 1PT postcode area
  • and 96.9% higher 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 27 February 2024, the property was recorded as owner-occupied.

View sold house prices in W1K 1PT

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
1130 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£1,723,249
Price Per sq ft (estimate)
£1,525
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 26, 55 Park Lane, London, City Of Westminster, Greater London, W1K 1PT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Feb 2024.

This property is heated by an air source heat pump with warm air heating. A community heating scheme is used to provide hot water. The windows are high performance glazing.

The previous EPC assessment was conducted on 27 Feb 2024, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 25.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (air source heat pump, warm air, electric).
  • The hot water system was changed from from main system to community scheme, with its energy efficiency improving from poor to good.
  • The windows were upgraded from fully double glazed to high performance glazing.
  • The lighting was updated from low energy lighting in 34% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Air source heat pump, warm air, electric
Average
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W1K 1PT

5 th / 10
Price Rank
40% lower than average
4 th / 10
Size Rank
5% smaller than average
10 th / 10
Price Per Sq FT Rank
37% lower than average

Compared to other properties in W1K 1PT , this flat's estimated value ranks 5th out of 10. Based on price per square foot, it ranks 10th out of 10 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 4th out of 10 properties in its postcode area.

Sale History

Today
£1,723,249
streetscan.co.uk estimate
+115 %
17 May 2005
£800,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1093 sq ft
sale price: £2,250,000
sale date: 5 Oct 2009
rooms: 4
size: 1206 sq ft
sale price: £320,000
sale date: 3 Jul 2023
rooms: 4
size: 1098 sq ft
sale price: £2,380,000
sale date: 11 Dec 2015
rooms: 3
size: 1141 sq ft
sale price: £2,490,000
sale date: 10 Jul 2013
rooms: 3
size: 1099 sq ft
sale price: £2,810,000
sale date: 16 May 2012

Data Sources

The property at Flat 26, 55 Park Lane, London, City Of Westminster, Greater London, W1K 1PT appears once in the Land Registry records, with the transaction recorded on 17 May 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Feb 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.