Flat 5, 57 Millbank, London, SW1P 4RL is a leasehold flat built before 1900. The property offers approximately 850 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 £744,794 , which equates to approximately £876 per square foot. It was last sold on 30 Jun 2020 for £862,500. Since then, the value has decreased by £117,706, representing a 13.6% decrease, or approximately 2.5% per year.

The current estimated value of £744,794 is:

  • 52.4% lower than the average property price on Millbank
  • 3.2% higher than the average in the SW1P 4RL postcode area
  • and 10.9% 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
850 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£744,794
Price Per sq ft (estimate)
£876
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 57 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Jan 2020.

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

The previous EPC assessment was conducted on 2 Nov 2009, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 96.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from poor to average.
  • The roof construction or insulation changed from flat, limited insulation to flat, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Flat, no insulation (assumed)
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

14 th / 38
Price Rank
3% higher than average
3 rd / 35
Size Rank
32% bigger than average
33 rd / 35
Price Per Sq FT Rank
22% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 14th out of 38. Based on price per square foot, it ranks 33th out of 35 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 3rd out of 35 properties in its postcode area.

Sale History

Today
£744,794
streetscan.co.uk estimate
-14 %
30 Jun 2020
£862,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 743 sq ft
sale price: £865,000
sale date: 8 Aug 2024
rooms: 3
size: 807 sq ft
sale price: £765,000
sale date: 19 Jan 2024
rooms: 3
size: 743 sq ft
sale price: £1,040,000
sale date: 2 Aug 2023
rooms: 3
size: 786 sq ft
sale price: £860,000
sale date: 10 Mar 2015
rooms: 3
size: 807 sq ft
sale price: £525,000
sale date: 21 Apr 2011

Data Sources

The property at Flat 5, 57 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL appears once in the Land Registry records, with the transaction recorded on 30 Jun 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jan 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.