Flat 58, Ormond House Medway Street, London, SW1P 2TB is a leasehold flat built between 1991-1995. The property offers approximately 592 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 £618,591 , which equates to approximately £1,045 per square foot. It was last sold on 18 Jun 2021 for £670,000. Since then, the value has decreased by £51,409, representing a 7.7% decrease, or approximately 1.7% per year.

The current estimated value of £618,591 is:

  • 36.5% lower than the average property price on Medway Street
  • 27.3% lower than the average in the SW1P 2TB postcode area
  • and 26.0% lower than the average price for London as a whole

At the most recent EPC inspection on 30 October 2018, 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
592 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£618,591
Price Per sq ft (estimate)
£1,045
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 58, Ormond House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Oct 2018.

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 26 Oct 2008, and the property received the same rating of C with an unchanged energy efficiency score of 76.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to community scheme, with its energy efficiency improving from average to good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SW1P 2TB

7 th / 62
Price Rank
27% lower than average
33 rd / 56
Size Rank
2% smaller than average
4 th / 56
Price Per Sq FT Rank
26% lower than average

Compared to other properties in SW1P 2TB , this flat's estimated value ranks 7th out of 62. Based on price per square foot, it ranks 4th 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 33th out of 56 properties in its postcode area.

Sale History

Today
£618,591
streetscan.co.uk estimate
-8 %
18 Jun 2021
£670,000
Leasehold
+17.5 %
27 Apr 2011
£570,000
Leasehold
+62.9 %
18 Oct 2004
£350,000
Leasehold
+42.3 %
21 Nov 1995
£245,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £618,000
sale date: 24 Mar 2017
rooms: 3
size: 678 sq ft
sale price: £690,000
sale date: 4 Feb 2013
rooms: 2
size: 519 sq ft
sale price: £580,000
sale date: 10 Sep 2012
rooms: 4
size: 646 sq ft
sale price: £632,000
sale date: 31 Mar 2011
rooms: 3
size: 657 sq ft
sale price: £516,000
sale date: 20 Aug 2010

Data Sources

The property at Flat 58, Ormond House Medway Street, London, SW1P 2TB appears four times in the Land Registry records, with the latest transaction recorded on 18 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Oct 2018. 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.