Flat 7, 118 Palace Road, London, SW2 3JZ is a leasehold flat built between 1930-1949. The property offers approximately 538 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 £351,992 , which equates to approximately £654 per square foot. It was last sold on 16 Nov 2011 for £213,000. Since then, the value has increased by £138,992, representing a 65.3% increase, or approximately 4.6% per year.

The current estimated value of £351,992 is:

  • 30.3% lower than the average property price on Palace Road
  • 12.5% lower than the average in the SW2 3JZ postcode area
  • and 59.8% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 31 March 2021, the property was recorded as owner-occupied.

View sold house prices in SW2 3JZ

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£351,992
Price Per sq ft (estimate)
£654
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 118 Palace Road, London, Lambeth, Greater London, SW2 3JZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Mar 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Sep 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 68.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from timber frame, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from partial double 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
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 SW2 3JZ

44 th / 67
Price Rank
12% lower than average
35 th / 52
Size Rank
11% smaller than average
37 th / 52
Price Per Sq FT Rank
2% lower than average

Compared to other properties in SW2 3JZ , this flat's estimated value ranks 44th out of 67. Based on price per square foot, it ranks 37th out of 52 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 35th out of 52 properties in its postcode area.

Sale History

Today
£351,992
streetscan.co.uk estimate
+65 %
16 Nov 2011
£213,000
Leasehold
+69.7 %
29 Apr 2002
£125,500
Leasehold
+81.9 %
16 Apr 1999
£69,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £395,000
sale date: 28 Mar 2025
rooms: 2
size: 474 sq ft
sale price: £310,000
sale date: 28 Oct 2024
rooms: 2
size: 581 sq ft
sale price: £500,000
sale date: 14 Oct 2024
rooms: 3
size: 560 sq ft
sale price: £390,000
sale date: 31 May 2024
rooms: 3
size: 560 sq ft
sale price: £418,000
sale date: 9 Feb 2023

Data Sources

The property at Flat 7, 118 Palace Road, London, SW2 3JZ appears three times in the Land Registry records, with the latest transaction recorded on 16 Nov 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Mar 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.