Flat 51, Octavia House Medway Street, London, SW1P 2TA is a leasehold flat built between 1991-1995. The property offers approximately 614 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £750,861 , which equates to approximately £1,224 per square foot. It was last sold on 20 Dec 2012 for £668,000. Since then, the value has increased by £82,861, representing a 12.4% increase, or approximately 1.0% per year.

The current estimated value of £750,861 is:

  • 22.9% lower than the average property price on Medway Street
  • 13.9% lower than the average in the SW1P 2TA postcode area
  • and 10.1% 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
1991-1995
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£750,861
Price Per sq ft (estimate)
£1,224
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 51, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Feb 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 25 Jan 2010. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

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 no low energy lighting to low energy lighting in 38% of fixed outlets, with efficiency improving from very poor to average.
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 38% of fixed outlets
Average

Compared to SW1P 2TA

15 th / 48
Price Rank
14% lower than average
20 th / 38
Size Rank
5% smaller than average
4 th / 38
Price Per Sq FT Rank
10% lower than average

Compared to other properties in SW1P 2TA , this flat's estimated value ranks 15th out of 48. Based on price per square foot, it ranks 4th out of 38 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 20th out of 38 properties in its postcode area.

Sale History

Today
£750,861
streetscan.co.uk estimate
+12 %
20 Dec 2012
£668,000
Leasehold
+43.7 %
30 Mar 2007
£465,000
Leasehold
+72.2 %
30 Mar 2001
£270,000
Leasehold
+22.8 %
9 Feb 1995
£219,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 592 sq ft
sale price: £590,000
sale date: 14 Sep 2022
rooms: 2
size: 592 sq ft
sale price: £640,000
sale date: 15 Jun 2021
rooms: 2
size: 592 sq ft
sale price: £695,000
sale date: 6 Jul 2018
rooms: 4
size: 560 sq ft
sale price: £595,000
sale date: 9 Mar 2016
rooms: 3
size: 657 sq ft
sale price: £555,000
sale date: 28 Mar 2011

Data Sources

The property at Flat 51, Octavia House Medway Street, London, SW1P 2TA appears four times in the Land Registry records, with the latest transaction recorded on 20 Dec 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Feb 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.