Flat 6, Octavia House Medway Street, London, SW1P 2TA is a leasehold flat built between 2003-2006. The property offers approximately 560 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £513,196 , which equates to approximately £917 per square foot. It was last sold on 9 Mar 2016 for £595,000. Since then, the value has decreased by £81,804, representing a 13.7% decrease, or approximately 1.4% per year.

The current estimated value of £513,196 is:

  • 47.3% lower than the average property price on Medway Street
  • 41.2% lower than the average in the SW1P 2TA postcode area
  • and 38.6% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 25 May 2021, the property was recorded as rented.

View sold house prices in SW1P 2TA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£513,196
Price Per sq ft (estimate)
£917
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, Octavia House Medway Street, London, City Of Westminster, Greater London, SW1P 2TA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 May 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. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Jun 2009. The rating of C remains the same, but the energy efficiency score improved by 3.9%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • 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
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW1P 2TA

45 th / 48
Price Rank
41% lower than average
27 th / 38
Size Rank
13% smaller than average
35 th / 38
Price Per Sq FT Rank
32% lower than average

Compared to other properties in SW1P 2TA , this flat's estimated value ranks 45th out of 48. Based on price per square foot, it ranks 35th out of 38 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 27th out of 38 properties in its postcode area.

Sale History

Today
£513,196
streetscan.co.uk estimate
-14 %
9 Mar 2016
£595,000
Leasehold
+29.3 %
14 Jan 2013
£460,000
Leasehold
+27.8 %
28 Apr 2009
£360,000
Leasehold
+44 %
9 Dec 2004
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £668,000
sale date: 20 Dec 2012
rooms: 3
size: 639 sq ft
sale price: £550,000
sale date: 10 Sep 2010
rooms: 3
size: 510 sq ft
sale price: £550,000
sale date: 21 Aug 2009
rooms: 3
size: 581 sq ft
sale price: £365,000
sale date: 23 Apr 2004
rooms: 3
size: 560 sq ft
sale price: £250,000
sale date: 5 Sep 2000

Data Sources

The property at Flat 6, Octavia House Medway Street, London, SW1P 2TA appears four times in the Land Registry records, with the latest transaction recorded on 9 Mar 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 May 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.


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.