Flat 4, 56 Millbank, London, SW1P 4RL is a leasehold flat built before 1900. The property offers approximately 355 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £421,054 , which equates to approximately £1,185 per square foot. It was last sold on 4 Jan 2013 for £370,000. Since then, the value has increased by £51,054, representing a 13.8% increase, or approximately 1.1% per year.

The current estimated value of £421,054 is:

  • 73.1% lower than the average property price on Millbank
  • 41.7% lower than the average in the SW1P 4RL postcode area
  • and 49.6% lower 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 21 October 2020, the property was recorded as owner-occupied.

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£421,054
Price Per sq ft (estimate)
£1,185
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 56 Millbank, London, City Of Westminster, Greater London, SW1P 4RL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Oct 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows have full secondary glazing.

The previous EPC assessment was conducted on 23 Aug 2012, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 73%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW1P 4RL

38 th / 38
Price Rank
42% lower than average
35 th / 35
Size Rank
45% smaller than average
13 th / 35
Price Per Sq FT Rank
6% higher than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 38th out of 38. Based on price per square foot, it ranks 13th out of 35 properties. In terms of size, this home ranks 35th out of 35 properties in its postcode area.

Sale History

Today
£421,054
streetscan.co.uk estimate
+14 %
4 Jan 2013
£370,000
Leasehold
+94.7 %
20 Jun 2003
£190,000
Leasehold

Area Insights

Nearby Properties

rooms: 1
size: 420 sq ft
sale price: £84,500
sale date: 4 Jan 1995
rooms: 3
size: 753 sq ft
sale price: £462,500
sale date: 1 Aug 2008
rooms: 2
size: 431 sq ft
sale price: £645,000
sale date: 31 Jan 2022
rooms: 2
size: 614 sq ft
sale price: £681,000
sale date: 18 Nov 2015
rooms: 2
size: 409 sq ft
sale price: £295,000
sale date: 26 Apr 2007

Data Sources

The property at Flat 4, 56 Millbank, London, SW1P 4RL appears two times in the Land Registry records, with the latest transaction recorded on 4 Jan 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Oct 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.