Flat 37, 55 Park Lane, London, W1K 1PT is a leasehold flat built between 1900-1929. The property offers approximately 646 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 £1,318,997 , which equates to approximately £2,042 per square foot. It was last sold on 14 Jun 2002 for £530,000. Since then, the value has increased by £788,997, representing a 148.9% increase, or approximately 6.3% per year.

The current estimated value of £1,318,997 is:

  • 22.5% lower than the average property price on Park Lane
  • 53.8% lower than the average in the W1K 1PT postcode area
  • and 50.7% higher than the average price for London as a whole

At the most recent EPC inspection on 31 August 2023, 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
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£1,318,997
Price Per sq ft (estimate)
£2,042
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 37, 55 Park Lane, London, City Of Westminster, Greater London, W1K 1PT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Aug 2023.

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
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to W1K 1PT

10 th / 10
Price Rank
54% lower than average
10 th / 10
Size Rank
46% smaller than average
8 th / 10
Price Per Sq FT Rank
15% lower than average

Compared to other properties in W1K 1PT , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 8th 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 10th out of 10 properties in its postcode area.

Sale History

Today
£1,318,997
streetscan.co.uk estimate
+149 %
14 Jun 2002
£530,000
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: 560 sq ft
sale price: £285,000
sale date: 31 Jan 2023
rooms: 3
size: 560 sq ft
sale price: £265,000
sale date: 30 Jun 2021

Data Sources

The property at Flat 37, 55 Park Lane, London, City Of Westminster, Greater London, W1K 1PT appears once in the Land Registry records, with the transaction recorded on 14 Jun 2002. It also has a single Energy Performance Certificate (EPC) from 31 Aug 2023. 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.