Flat 40, 48 Wells Street, London, W1T 3PW is a leasehold flat built between 1996-2002. The property offers approximately 1,501 square feet of living space and is situated on the 5th floor of a 12-storey building. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £981,869 , which equates to approximately £656 per square foot. It was last sold on 5 Jun 2023 for £1,250,000. Since then, the value has decreased by £268,131, representing a 21.5% decrease, or approximately 8.6% per year.

The current estimated value of £981,869 is:

  • 24.7% lower than the average property price on Wells Street
  • 24.8% lower than the average in the W1T 3PW postcode area
  • and 12.2% higher than the average price for London as a whole

At the most recent EPC inspection on 19 October 2010, the property was recorded as owner-occupied.

View sold house prices in W1T 3PW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1501 sq ft
Tenure
Leasehold
Floor level
5th floor of 12
Price (estimate)
£981,869
Price Per sq ft (estimate)
£656
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 40, 48 Wells Street, London, City Of Westminster, Greater London Authority, W1T 3PW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Oct 2010.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 10% of fixed outlets
Poor

Compared to W1T 3PW

16 th / 38
Price Rank
25% lower than average
2 nd / 26
Size Rank
58% bigger than average
25 th / 26
Price Per Sq FT Rank
52% lower than average

Compared to other properties in W1T 3PW , this flat's estimated value ranks 16th out of 38. Based on price per square foot, it ranks 25th out of 26 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 2nd out of 26 properties in its postcode area.

Sale History

Today
£981,869
streetscan.co.uk estimate
-21 %
5 Jun 2023
£1,250,000
Leasehold
+39.7 %
18 Apr 2011
£895,000
Leasehold
+40.3 %
14 Jun 2006
£638,000
Leasehold
+51.9 %
4 Feb 2000
£420,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1286 sq ft
sale price: £392,500
sale date: 25 Feb 2000

Data Sources

The property at Flat 40, 48 Wells Street, London, W1T 3PW appears four times in the Land Registry records, with the latest transaction recorded on 5 Jun 2023. It also has a single Energy Performance Certificate (EPC) from 19 Oct 2010. 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.