Flat 4, 48 Millbank, London, SW1P 4RL is a leasehold flat built before 1900. The property offers approximately 721 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 £878,950 , which equates to approximately £1,219 per square foot. It was last sold on 10 Aug 2007 for £570,000. Since then, the value has increased by £308,950, representing a 54.2% increase, or approximately 2.9% per year.

The current estimated value of £878,950 is:

  • 43.8% lower than the average property price on Millbank
  • 21.8% higher than the average in the SW1P 4RL postcode area
  • and 5.2% higher than the average price for London as a whole

At the most recent EPC inspection on 30 June 2021, the property was recorded as rented.

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£878,950
Price Per sq ft (estimate)
£1,219
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 48 Millbank, London, City Of Westminster, Greater London, SW1P 4RL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 30 Jun 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 30 Sep 2008, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 92.3%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from partial secondary glazing to full secondary glazing.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
No low energy lighting
Very Poor

Compared to SW1P 4RL

4 th / 38
Price Rank
22% higher than average
13 th / 35
Size Rank
12% bigger than average
3 rd / 35
Price Per Sq FT Rank
9% higher than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 4th out of 38. Based on price per square foot, it ranks 3rd out of 35 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 13th out of 35 properties in its postcode area.

Sale History

Today
£878,950
streetscan.co.uk estimate
+54 %
10 Aug 2007
£570,000
Leasehold
+42.5 %
20 Dec 2002
£400,000
Leasehold
+77.8 %
18 Sep 1998
£225,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 743 sq ft
sale price: £865,000
sale date: 8 Aug 2024
rooms: 3
size: 678 sq ft
sale price: £774,000
sale date: 24 May 2024
rooms: 3
size: 807 sq ft
sale price: £765,000
sale date: 19 Jan 2024
rooms: 3
size: 743 sq ft
sale price: £1,040,000
sale date: 2 Aug 2023
rooms: 3
size: 786 sq ft
sale price: £860,000
sale date: 10 Mar 2015

Data Sources

The property at Flat 4, 48 Millbank, London, SW1P 4RL appears three times in the Land Registry records, with the latest transaction recorded on 10 Aug 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jun 2021. 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.