Flat 5, Octavia House Medway Street, London, SW1P 2TA is a leasehold flat built between 2003-2006. The property offers approximately 463 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 £512,093 , which equates to approximately £1,106 per square foot. It was last sold on 26 May 2004 for £240,000. Since then, the value has increased by £272,093, representing a 113.4% increase, or approximately 5.3% per year.

The current estimated value of £512,093 is:

  • 47.4% lower than the average property price on Medway Street
  • 41.3% lower than the average in the SW1P 2TA postcode area
  • and 38.7% lower than the average price for London as a whole

View sold house prices in SW1P 2TA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£512,093
Price Per sq ft (estimate)
£1,106
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Mar 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Dec 2008. The rating of B is unchanged, though the energy efficiency score decreased by 2.4%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • 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
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW1P 2TA

47 th / 48
Price Rank
41% lower than average
31 st / 38
Size Rank
28% smaller than average
33 rd / 38
Price Per Sq FT Rank
18% lower than average

Compared to other properties in SW1P 2TA , this flat's estimated value ranks 47th out of 48. Based on price per square foot, it ranks 33th out of 38 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 31th out of 38 properties in its postcode area.

Sale History

Today
£512,093
streetscan.co.uk estimate
+113 %
26 May 2004
£240,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £470,000
sale date: 25 Nov 2022
rooms: 2
size: 431 sq ft
sale price: £575,000
sale date: 19 Mar 2022
rooms: 2
size: 484 sq ft
sale price: £570,000
sale date: 18 Jul 2018
rooms: 3
size: 510 sq ft
sale price: £550,000
sale date: 21 Aug 2009
rooms: 2
size: 452 sq ft
sale price: £267,500
sale date: 19 Feb 2003

Data Sources

The property at Flat 5, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA appears once in the Land Registry records, with the transaction recorded on 26 May 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Mar 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.