Flat 61, 55 Park Lane, Mayfair, London, W1K 1PU is a leasehold flat built before 1900. The property offers approximately 1,981 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £4,518,214 , which equates to approximately £2,281 per square foot. It was last sold on 12 Jun 2018 for £5,000,000. Since then, the value has decreased by £481,786, representing a 9.6% decrease, or approximately 1.3% per year.

The current estimated value of £4,518,214 is:

  • 165.4% higher than the average property price on Park Lane
  • 63.6% higher than the average in the W1K 1PU postcode area
  • and 416.2% higher than the average price for London as a whole

View sold house prices in W1K 1PU

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1981 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£4,518,214
Price Per sq ft (estimate)
£2,281
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 61, 55 Park Lane, Mayfair, London, City Of Westminster, Greater London Authority, W1K 1PU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Apr 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.

Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 42% of fixed outlets
Average

Compared to W1K 1PU

4 th / 28
Price Rank
64% higher than average
4 th / 20
Size Rank
71% bigger than average
9 th / 20
Price Per Sq FT Rank
4% lower than average

Compared to other properties in W1K 1PU , this flat's estimated value ranks 4th out of 28. Based on price per square foot, it ranks 9th out of 20 properties. In terms of size, this home ranks 4th out of 20 properties in its postcode area.

Sale History

Today
£4,518,214
streetscan.co.uk estimate
-10 %
12 Jun 2018
£5,000,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 2045 sq ft
sale price: £4,500,000
sale date: 27 Jun 2019
rooms: 5
size: 1948 sq ft
sale price: £5,100,000
sale date: 28 Nov 2018
rooms: 6
size: 2002 sq ft
sale price: £1,725,000
sale date: 14 Dec 2005
rooms: 6
size: 2250 sq ft
sale price: £1,750,000
sale date: 6 Jun 2001

Data Sources

The property at Flat 61, 55 Park Lane, Mayfair, London, City Of Westminster, Greater London Authority, W1K 1PU appears once in the Land Registry records, with the transaction recorded on 12 Jun 2018. It also has a single Energy Performance Certificate (EPC) from 12 Apr 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.