Flat 54, Ormond House Medway Street, London, SW1P 2TB is a leasehold flat built between 1991-1995. The property offers approximately 474 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £542,888 , which equates to approximately £1,146 per square foot. It was last sold on 22 Sep 2017 for £677,500. Since then, the value has decreased by £134,612, representing a 19.9% decrease, or approximately 2.4% per year.

The current estimated value of £542,888 is:

  • 44.3% lower than the average property price on Medway Street
  • 36.2% lower than the average in the SW1P 2TB postcode area
  • and 35.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 19 June 2023, the property was recorded as owner-occupied.

View sold house prices in SW1P 2TB

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£542,888
Price Per sq ft (estimate)
£1,146
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 54, 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 19 Jun 2023.

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 May 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.5%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme with chp to community scheme, with no change in energy efficiency (good).
  • The hot water system changed from electric immersion, standard tariff to community scheme, with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 80% of fixed outlets, with efficiency improving from very poor to very good.
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
Low energy lighting in 80% of fixed outlets
Very Good

Compared to SW1P 2TB

40 th / 62
Price Rank
36% lower than average
39 th / 56
Size Rank
22% smaller than average
11 th / 56
Price Per Sq FT Rank
18% lower than average

Compared to other properties in SW1P 2TB , this flat's estimated value ranks 40th out of 62. Based on price per square foot, it ranks 11th out of 56 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 39th out of 56 properties in its postcode area.

Sale History

Today
£542,888
streetscan.co.uk estimate
-20 %
22 Sep 2017
£677,500
Leasehold
+188.3 %
25 Sep 2003
£235,000
Leasehold
+46 %
16 Nov 1995
£160,950
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: 420 sq ft
sale price: £585,000
sale date: 8 May 2015
rooms: 3
size: 463 sq ft
sale price: £590,000
sale date: 13 Jun 2014
rooms: 2
size: 469 sq ft
sale price: £520,000
sale date: 11 Dec 2013

Data Sources

The property at Flat 54, Ormond House Medway Street, London, SW1P 2TB appears three times in the Land Registry records, with the latest transaction recorded on 22 Sep 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jun 2023. 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.