Flat 68, 55 Park Lane, London, W1K 1PU is a leasehold flat built between 1930-1949. The property offers approximately 517 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £1,042,866 , which equates to approximately £2,018 per square foot. It was last sold on 23 Mar 2015 for £1,150,000. Since then, the value has decreased by £107,134, representing a 9.3% decrease, or approximately 0.9% per year.

The current estimated value of £1,042,866 is:

  • 38.7% lower than the average property price on Park Lane
  • 62.2% lower than the average in the W1K 1PU postcode area
  • and 19.1% higher than the average price for London as a whole

At the most recent EPC inspection on 24 October 2008, the property was recorded as owner-occupied.

View sold house prices in W1K 1PU

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£1,042,866
Price Per sq ft (estimate)
£2,018
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 68, 55 Park Lane, 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 6 Aug 2019.

This property is heated by an air source heat pump with warm air heating. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Oct 2008, and the property received the same rating of C with an unchanged energy efficiency score of 71.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, mains gas to air source heat pump, warm air, electric, changing energy efficiency from good to poor.
  • The hot water system was changed from from main system, no cylinderstat to community scheme, with its energy efficiency improving from average to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
Heating Type
Air source heat pump, warm air, electric
Poor
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to W1K 1PU

24 th / 28
Price Rank
62% lower than average
20 th / 20
Size Rank
55% smaller than average
2 nd / 20
Price Per Sq FT Rank
15% lower than average

Compared to other properties in W1K 1PU , this flat's estimated value ranks 24th out of 28. Based on price per square foot, it ranks 2nd out of 20 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 20th out of 20 properties in its postcode area.

Sale History

Today
£1,042,866
streetscan.co.uk estimate
-9 %
23 Mar 2015
£1,150,000
Leasehold
+43.8 %
10 Jul 2009
£800,000
Leasehold
+49.5 %
24 Sep 2001
£535,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 66, 55 Park Lane, London, W1K 1PU
rooms: 2
size: 575 sq ft
sale price: £900,000
sale date: 4 Mar 2010
14, Avenfield House Park Lane, Mayfair, London, W1K 7AF
rooms: 2
size: 474 sq ft
sale price: £1,460,000
sale date: 19 Dec 2024
15, Avenfield House Park Lane, Mayfair, London, W1K 7AF
rooms: 3
size: 517 sq ft
sale price: £1,300,000
sale date: 2 May 2024
148 Park Lane, London, N17 0JN
rooms: 3
size: 560 sq ft
sale price: £285,000
sale date: 31 Jan 2023
147A Park Lane, London, N17 0HN
rooms: 3
size: 560 sq ft
sale price: £265,000
sale date: 30 Jun 2021

Data Sources

The property at Flat 68, 55 Park Lane, London, W1K 1PU appears three times in the Land Registry records, with the latest transaction recorded on 23 Mar 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Aug 2019. 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.
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