Flat 5, Ormond House Medway Street, London, SW1P 2TB is a leasehold flat built between 2003-2006. The property offers approximately 463 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £535,303 , which equates to approximately £1,157 per square foot. It was last sold on 13 Jun 2014 for £590,000. Since then, the value has decreased by £54,697, representing a 9.3% decrease, or approximately 0.8% per year.

The current estimated value of £535,303 is:

  • 45.1% lower than the average property price on Medway Street
  • 37.1% lower than the average in the SW1P 2TB postcode area
  • and 35.9% lower than the average price for London as a whole

At the most recent EPC inspection on 7 January 2021, the property was recorded as rented.

View sold house prices in SW1P 2TB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
463 sq ft
Tenure
Leasehold
Price (estimate)
£535,303
Price Per sq ft (estimate)
£1,157
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Ormond House Medway Street, London, City Of Westminster, Greater London, SW1P 2TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Jan 2021.

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 Nov 2010. The rating of C remains the same, but the energy efficiency score improved by 11.3%.

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 low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good 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 2TB

54 th / 62
Price Rank
37% lower than average
43 rd / 56
Size Rank
24% smaller than average
41 st / 56
Price Per Sq FT Rank
18% lower than average

Compared to other properties in SW1P 2TB , this flat's estimated value ranks 54th out of 62. Based on price per square foot, it ranks 41th out of 56 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 43th out of 56 properties in its postcode area.

Sale History

Today
£535,303
streetscan.co.uk estimate
-9 %
13 Jun 2014
£590,000
Leasehold
+140.8 %
31 Aug 2001
£245,000
Leasehold
+76.3 %
5 Dec 1995
£138,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £510,000
sale date: 7 Feb 2022
rooms: 2
size: 420 sq ft
sale price: £600,000
sale date: 1 May 2020
rooms: 2
size: 474 sq ft
sale price: £677,500
sale date: 22 Sep 2017
rooms: 2
size: 420 sq ft
sale price: £585,000
sale date: 8 May 2015
rooms: 2
size: 469 sq ft
sale price: £520,000
sale date: 11 Dec 2013

Data Sources

The property at Flat 5, Ormond House Medway Street, London, SW1P 2TB appears three times in the Land Registry records, with the latest transaction recorded on 13 Jun 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jan 2021. 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.