Flat 54, Octavia House Medway Street, London, SW1P 2TA is a leasehold flat built between 1991-1995. The property offers approximately 592 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £590,893 , which equates to approximately £998 per square foot. It was last sold on 15 Jun 2021 for £640,000. Since then, the value has decreased by £49,107, representing a 7.7% decrease, or approximately 1.7% per year.

The current estimated value of £590,893 is:

  • 39.4% lower than the average property price on Medway Street
  • 32.3% lower than the average in the SW1P 2TA postcode area
  • and 29.3% 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
592 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£590,893
Price Per sq ft (estimate)
£998
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 54, 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 4 Nov 2015.

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 17 Sep 2013. The rating of C is unchanged, though the energy efficiency score decreased by 2.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated (assumed) to flat, insulated (assumed), changing energy efficiency from good to average.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SW1P 2TA

21 st / 48
Price Rank
32% lower than average
23 rd / 38
Size Rank
8% smaller than average
8 th / 38
Price Per Sq FT Rank
26% lower than average

Compared to other properties in SW1P 2TA , this flat's estimated value ranks 21th out of 48. Based on price per square foot, it ranks 8th 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 23th out of 38 properties in its postcode area.

Sale History

Today
£590,893
streetscan.co.uk estimate
-8 %
15 Jun 2021
£640,000
Leasehold
+93.9 %
9 Aug 2002
£330,000
Leasehold
+51.4 %
10 Jul 1997
£218,000
Leasehold
+9 %
26 May 1995
£199,950
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: £695,000
sale date: 6 Jul 2018
rooms: 3
size: 614 sq ft
sale price: £668,000
sale date: 20 Dec 2012
rooms: 3
size: 657 sq ft
sale price: £555,000
sale date: 28 Mar 2011
rooms: 3
size: 639 sq ft
sale price: £550,000
sale date: 10 Sep 2010

Data Sources

The property at Flat 54, Octavia House Medway Street, London, SW1P 2TA appears four times in the Land Registry records, with the latest transaction recorded on 15 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Nov 2015. 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.