Flat 5, 1 Chepstow Place, London, W2 4TE is a leasehold flat built between 1996-2002. The property offers approximately 646 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £561,955 , which equates to approximately £870 per square foot. It was last sold on 17 Jul 2018 for £650,000. Since then, the value has decreased by £88,045, representing a 13.5% decrease, or approximately 1.8% per year.

The current estimated value of £561,955 is:

  • 69.2% lower than the average property price on Chepstow Place
  • 48.0% lower than the average in the W2 4TE postcode area
  • and 32.8% lower than the average price for London as a whole

At the most recent EPC inspection on 16 April 2020, the property was recorded as owner-occupied.

View sold house prices in W2 4TE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
646 sq ft
Tenure
Leasehold
Price (estimate)
£561,955
Price Per sq ft (estimate)
£870
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 1 Chepstow Place, London, City Of Westminster, Greater London Authority, W2 4TE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Apr 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 are fully double glazed.

The previous EPC assessment was conducted on 30 Mar 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 28.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from good to very poor, while the system remained as electric immersion, standard tariff.
  • The wall construction or insulation changed from solid brick, with internal insulation to granite or whinstone, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 12% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Granite or whinstone, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 12% of fixed outlets
Poor

Compared to W2 4TE

70 th / 74
Price Rank
48% lower than average
36 th / 66
Size Rank
20% smaller than average
65 th / 66
Price Per Sq FT Rank
35% lower than average

Compared to other properties in W2 4TE , this flat's estimated value ranks 70th out of 74. Based on price per square foot, it ranks 65th out of 66 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 36th out of 66 properties in its postcode area.

Sale History

Today
£561,955
streetscan.co.uk estimate
-14 %
17 Jul 2018
£650,000
Leasehold
+226.6 %
12 May 2000
£199,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 614 sq ft
sale price: £800,000
sale date: 3 Nov 2023
rooms: 3
size: 732 sq ft
sale price: £950,000
sale date: 27 Oct 2023
rooms: 2
size: 581 sq ft
sale price: £720,000
sale date: 31 Mar 2023
rooms: 2
size: 667 sq ft
sale price: £890,000
sale date: 16 Dec 2022
rooms: 2
size: 646 sq ft
sale price: £810,000
sale date: 1 Sep 2022

Data Sources

The property at Flat 5, 1 Chepstow Place, London, W2 4TE appears two times in the Land Registry records, with the latest transaction recorded on 17 Jul 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Apr 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.