Flat 32A, 55 Park Lane, London, W1K 1PT is a leasehold flat built between 1900-1929. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £1,554,189 , which equates to approximately £2,034 per square foot. It was last sold on 6 May 2008 for £960,000. Since then, the value has increased by £594,189, representing a 61.9% increase, or approximately 3.5% per year.

The current estimated value of £1,554,189 is:

  • 8.7% lower than the average property price on Park Lane
  • 45.6% lower than the average in the W1K 1PT postcode area
  • and 77.6% higher than the average price for London as a whole

At the most recent EPC inspection on 11 November 2008, the property was recorded as owner-occupied.

View sold house prices in W1K 1PT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£1,554,189
Price Per sq ft (estimate)
£2,034
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 32A, 55 Park Lane, London, City Of Westminster, Greater London Authority, W1K 1PT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Feb 2020.

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 fully double glazed.

The previous EPC assessment was conducted on 11 Nov 2008, and the property received the same rating of D with an unchanged energy efficiency score of 68.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, mains gas to air source heat pump, warm air, electric, changing energy efficiency from good to poor.
  • The hot water system was changed from from main system, no cylinderstat to community scheme, with its energy efficiency improving from average to good.
  • The wall construction or insulation changed from granite or whin, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 64% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Air source heat pump, warm air, electric
Poor
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 64% of fixed outlets
Good

Compared to W1K 1PT

7 th / 10
Price Rank
46% lower than average
6 th / 10
Size Rank
36% smaller than average
6 th / 10
Price Per Sq FT Rank
15% lower than average

Compared to other properties in W1K 1PT , this flat's estimated value ranks 7th out of 10. Based on price per square foot, it ranks 6th out of 10 properties. In terms of size, this home ranks 6th out of 10 properties in its postcode area.

Sale History

Today
£1,554,189
streetscan.co.uk estimate
+62 %
6 May 2008
£960,000
Leasehold
+53.6 %
19 Nov 2003
£625,000
Leasehold
+11.6 %
30 May 2001
£560,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 710 sq ft
sale price: £1,450,000
sale date: 2 Apr 2013
rooms: 2
size: 668 sq ft
sale price: £480,000
sale date: 9 Jul 2004
rooms: 2
size: 721 sq ft
sale price: £575,000
sale date: 6 Jun 2001
rooms: 3
size: 753 sq ft
sale price: £170,000
sale date: 13 Mar 2024
rooms: 3
size: 775 sq ft
sale price: £250,000
sale date: 31 Jan 2023

Data Sources

The property at Flat 32A, 55 Park Lane, London, W1K 1PT appears three times in the Land Registry records, with the latest transaction recorded on 6 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Feb 2020. 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.