Flat 7, 48 Millbank, London, SW1P 4RL is a leasehold flat built before 1900. The property offers approximately 603 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 £597,540 , which equates to approximately £991 per square foot. It was last sold on 10 Nov 2023 for £705,000. Since then, the value has decreased by £107,460, representing a 15.2% decrease, or approximately 7.2% per year.

The current estimated value of £597,540 is:

  • 61.8% lower than the average property price on Millbank
  • 17.2% lower than the average in the SW1P 4RL postcode area
  • and 28.5% lower than the average price for London as a whole

At the most recent EPC inspection on 16 June 2015, the property was recorded as owner-occupied.

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£597,540
Price Per sq ft (estimate)
£991
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 48 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Apr 2017.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 16 Jun 2015, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 41.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 97% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 97% of fixed outlets
Very Good

Compared to SW1P 4RL

8 th / 38
Price Rank
17% lower than average
23 rd / 35
Size Rank
6% smaller than average
2 nd / 35
Price Per Sq FT Rank
12% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 8th out of 38. Based on price per square foot, it ranks 2nd out of 35 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 23th out of 35 properties in its postcode area.

Sale History

Today
£597,540
streetscan.co.uk estimate
-15 %
10 Nov 2023
£705,000
Leasehold
+4.4 %
30 Sep 2015
£675,000
Leasehold
+117.7 %
7 Jun 2005
£310,000
Leasehold
+138.5 %
14 Jul 1995
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 560 sq ft
sale price: £600,000
sale date: 12 Jul 2024
rooms: 3
size: 678 sq ft
sale price: £774,000
sale date: 24 May 2024
rooms: 3
size: 581 sq ft
sale price: £550,000
sale date: 29 Apr 2022
rooms: 3
size: 517 sq ft
sale price: £620,000
sale date: 26 Jul 2019
rooms: 2
size: 614 sq ft
sale price: £681,000
sale date: 18 Nov 2015

Data Sources

The property at Flat 7, 48 Millbank, London, SW1P 4RL appears four times in the Land Registry records, with the latest transaction recorded on 10 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Apr 2017. 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.