Flat 6, 24 Market Place, London, W1W 8ER is a leasehold flat built before 1900. The property offers approximately 947 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £1,132,082 , which equates to approximately £1,195 per square foot. It was last sold on 12 May 2006 for £555,000. Since then, the value has increased by £577,082, representing a 104.0% increase, or approximately 5.3% per year.

The current estimated value of £1,132,082 is:

  • 42.9% higher than the average property price on Market Place
  • 33.3% lower than the average in the W1W 8ER postcode area
  • and 29.3% higher than the average price for London as a whole

At the most recent EPC inspection on 17 December 2021, the property was recorded as rented.

View sold house prices in W1W 8ER

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
947 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£1,132,082
Price Per sq ft (estimate)
£1,195
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 6, 24 Market Place, London, City Of Westminster, Greater London, W1W 8ER has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Dec 2021.

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. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 May 2012, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 54.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to community scheme, improving energy efficiency from very poor to very good.
  • The hot water system was changed from electric immersion, standard tariff to electric instantaneous at point of use, with its energy efficiency improving from very poor to very good.
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The windows were upgraded from full secondary glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Very Good
Hot Water
Electric instantaneous at point of use
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W1W 8ER

13 th / 14
Price Rank
33% lower than average
7 th / 10
Size Rank
16% smaller than average
8 th / 10
Price Per Sq FT Rank
21% lower than average

Compared to other properties in W1W 8ER , this flat's estimated value ranks 13th out of 14. Based on price per square foot, it ranks 8th out of 10 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 7th out of 10 properties in its postcode area.

Sale History

Today
£1,132,082
streetscan.co.uk estimate
+104 %
12 May 2006
£555,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 926 sq ft
sale price: £1,000,000
sale date: 20 Dec 2019
rooms: 2
size: 969 sq ft
sale price: £565,000
sale date: 12 May 2006
rooms: 3
size: 926 sq ft
sale price: £595,000
sale date: 10 May 2006
rooms: 3
size: 1012 sq ft
sale price: £545,000
sale date: 8 May 2006
rooms: 3
size: 818 sq ft
sale price: £499,999
sale date: 11 Dec 2014

Data Sources

The property at Flat 6, 24 Market Place, London, City Of Westminster, Greater London, W1W 8ER appears once in the Land Registry records, with the transaction recorded on 12 May 2006. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Dec 2021. 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.


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