Flat 34, Ormond House Medway Street, London, SW1P 2TB is a leasehold flat built between 1991-1995. The property offers approximately 549 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 £485,666 , which equates to approximately £885 per square foot. It was last sold on 24 Mar 2017 for £618,000. Since then, the value has decreased by £132,334, representing a 21.4% decrease, or approximately 2.4% per year.

The current estimated value of £485,666 is:

  • 50.2% lower than the average property price on Medway Street
  • 42.9% lower than the average in the SW1P 2TB postcode area
  • and 41.9% lower than the average price for London as a whole

At the most recent EPC inspection on 22 December 2020, the property was recorded as owner-occupied.

View sold house prices in SW1P 2TB

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£485,666
Price Per sq ft (estimate)
£885
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 34, Ormond House Medway Street, London, City Of Westminster, Greater London, SW1P 2TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Dec 2020.

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 standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jan 2009. The rating of C is unchanged, though the energy efficiency score decreased by 7.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
Heating Type
Community scheme
Good
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to SW1P 2TB

42 nd / 62
Price Rank
43% lower than average
35 th / 56
Size Rank
9% smaller than average
47 th / 56
Price Per Sq FT Rank
37% lower than average

Compared to other properties in SW1P 2TB , this flat's estimated value ranks 42th out of 62. Based on price per square foot, it ranks 47th out of 56 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 35th out of 56 properties in its postcode area.

Sale History

Today
£485,666
streetscan.co.uk estimate
-21 %
24 Mar 2017
£618,000
Leasehold
+40.5 %
9 Aug 2007
£440,000
Leasehold
+114.6 %
25 Apr 2001
£205,000
Leasehold
+29 %
12 Oct 1995
£158,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £670,000
sale date: 18 Jun 2021
rooms: 2
size: 474 sq ft
sale price: £677,500
sale date: 22 Sep 2017
rooms: 2
size: 469 sq ft
sale price: £520,000
sale date: 11 Dec 2013
rooms: 2
size: 519 sq ft
sale price: £580,000
sale date: 10 Sep 2012
rooms: 3
size: 592 sq ft
sale price: £353,500
sale date: 28 Sep 2004

Data Sources

The property at Flat 34, Ormond House Medway Street, London, SW1P 2TB appears four times in the Land Registry records, with the latest transaction recorded on 24 Mar 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Dec 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.