Flat 5, 118 Palace Road, London, SW2 3JZ is a leasehold flat built before 1900. The property offers approximately 409 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 £254,664 , which equates to approximately £623 per square foot. It was last sold on 8 Mar 2019 for £245,000. Since then, the value has increased by £9,664, representing a 3.9% increase, or approximately 0.6% per year.

The current estimated value of £254,664 is:

  • 49.6% lower than the average property price on Palace Road
  • 36.7% lower than the average in the SW2 3JZ postcode area
  • and 70.9% lower than the average price for London as a whole

At the most recent EPC inspection on 3 September 2018, the property was recorded as owner-occupied.

View sold house prices in SW2 3JZ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£254,664
Price Per sq ft (estimate)
£623
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 118 Palace Road, London, Lambeth, Greater London Authority, SW2 3JZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Sep 2018.

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 single glazed.

The previous EPC assessment was conducted on 14 Nov 2011, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 32.1%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SW2 3JZ

60 th / 67
Price Rank
37% lower than average
42 nd / 52
Size Rank
32% smaller than average
35 th / 52
Price Per Sq FT Rank
7% lower than average

Compared to other properties in SW2 3JZ , this flat's estimated value ranks 60th out of 67. Based on price per square foot, it ranks 35th out of 52 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 42th out of 52 properties in its postcode area.

Sale History

Today
£254,664
streetscan.co.uk estimate
+4 %
8 Mar 2019
£245,000
Leasehold
+353.7 %
30 Apr 1998
£54,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 388 sq ft
sale price: £285,000
sale date: 30 Oct 2024
rooms: 2
size: 409 sq ft
sale price: £277,500
sale date: 1 Feb 2024
rooms: 2
size: 398 sq ft
sale price: £295,000
sale date: 11 Mar 2022
rooms: 2
size: 452 sq ft
sale price: £317,500
sale date: 15 Mar 2019
rooms: 2
size: 463 sq ft
sale price: £284,000
sale date: 16 Aug 2018

Data Sources

The property at Flat 5, 118 Palace Road, London, SW2 3JZ appears two times in the Land Registry records, with the latest transaction recorded on 8 Mar 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Sep 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.