Flat 4, 57 Millbank, London, SW1P 4RL is a leasehold flat built before 1900. The property offers approximately 807 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £596,716 , which equates to approximately £739 per square foot. It was last sold on 19 Jan 2024 for £765,000. Since then, the value has decreased by £168,284, representing a 22.0% decrease, or approximately 11.4% per year.

The current estimated value of £596,716 is:

  • 61.9% lower than the average property price on Millbank
  • 17.3% lower than the average in the SW1P 4RL postcode area
  • and 28.6% lower than the average price for London as a whole

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£596,716
Price Per sq ft (estimate)
£739
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 57 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 19 Oct 2018.

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

The previous EPC assessment was conducted on 4 Nov 2008, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 19.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The windows were upgraded from partial secondary glazing to mostly secondary glazing.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 36% of fixed outlets, with efficiency improving from poor to average.
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
Mostly secondary glazing
Average
Lighting
Low energy lighting in 36% of fixed outlets
Average

Compared to SW1P 4RL

1 st / 38
Price Rank
17% lower than average
5 th / 35
Size Rank
25% bigger than average
6 th / 35
Price Per Sq FT Rank
34% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 1st out of 38. Based on price per square foot, it ranks 6th 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 5th out of 35 properties in its postcode area.

Sale History

Today
£596,716
streetscan.co.uk estimate
-22 %
19 Jan 2024
£765,000
Leasehold
+61.1 %
23 Feb 2007
£475,000
Leasehold
+43.9 %
28 Feb 2002
£330,000
Leasehold
+57.9 %
29 Jul 1997
£209,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 53 Millbank, London, SW1P 4RL
rooms: 4
size: 743 sq ft
sale price: £865,000
sale date: 8 Aug 2024
Flat 3, 48 Millbank, London, SW1P 4RL
rooms: 3
size: 743 sq ft
sale price: £1,040,000
sale date: 2 Aug 2023
Flat 5, 57 Millbank, London, SW1P 4RL
rooms: 3
size: 850 sq ft
sale price: £862,500
sale date: 30 Jun 2020
Flat 10, 53 Millbank, London, SW1P 4RL
rooms: 2
size: 689 sq ft
sale price: £675,000
sale date: 6 Nov 2015
Flat 8, 48 Millbank, London, SW1P 4RL
rooms: 3
size: 786 sq ft
sale price: £860,000
sale date: 10 Mar 2015

Data Sources

The property at Flat 4, 57 Millbank, London, SW1P 4RL appears four times in the Land Registry records, with the latest transaction recorded on 19 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Oct 2018. 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.
↑