Flat 57, 55 Park Lane, London, W1K 1PU is a leasehold flat built between 1900-1929. The property offers approximately 743 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £1,394,660 , which equates to approximately £1,878 per square foot. It was last sold on 19 Dec 2006 for £720,000. Since then, the value has increased by £674,660, representing a 93.7% increase, or approximately 4.9% per year.

The current estimated value of £1,394,660 is:

  • 18.1% lower than the average property price on Park Lane
  • 49.5% lower than the average in the W1K 1PU postcode area
  • and 59.3% higher than the average price for London as a whole

At the most recent EPC inspection on 25 June 2012, the property was recorded as owner-occupied.

View sold house prices in W1K 1PU

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£1,394,660
Price Per sq ft (estimate)
£1,878
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 57, 55 Park Lane, London, City Of Westminster, Greater London Authority, W1K 1PU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Jun 2012.

This property uses electric room heaters as its main heating source. A community heating scheme is used to provide hot water. The windows are fully double glazed.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to W1K 1PU

21 st / 28
Price Rank
50% lower than average
12 th / 20
Size Rank
36% smaller than average
14 th / 20
Price Per Sq FT Rank
21% lower than average

Compared to other properties in W1K 1PU , this flat's estimated value ranks 21th out of 28. Based on price per square foot, it ranks 14th out of 20 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 12th out of 20 properties in its postcode area.

Sale History

Today
£1,394,660
streetscan.co.uk estimate
+94 %
19 Dec 2006
£720,000
Leasehold
+27.4 %
24 Aug 2001
£565,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 713 sq ft
sale price: £1,850,000
sale date: 13 Dec 2016
rooms: 2
size: 657 sq ft
sale price: £565,000
sale date: 8 Sep 2006
rooms: 2
size: 659 sq ft
sale price: £620,000
sale date: 26 Jun 2006
rooms: 2
size: 710 sq ft
sale price: £600,000
sale date: 7 Oct 2005
rooms: 2
size: 735 sq ft
sale price: £575,000
sale date: 9 Nov 2001

Data Sources

The property at Flat 57, 55 Park Lane, London, W1K 1PU appears two times in the Land Registry records, with the latest transaction recorded on 19 Dec 2006. It also has a single Energy Performance Certificate (EPC) from 25 Jun 2012. 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.