Flat 7, 56 Millbank, London, SW1P 4RL is a leasehold flat built between 1900-1929. The property offers approximately 753 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £716,192 , which equates to approximately £950 per square foot. It was last sold on 1 Aug 2008 for £462,500. Since then, the value has increased by £253,692, representing a 54.9% increase, or approximately 3.2% per year.

The current estimated value of £716,192 is:

  • 54.2% lower than the average property price on Millbank
  • 0.8% lower than the average in the SW1P 4RL postcode area
  • and 14.3% lower than the average price for London as a whole

At the most recent EPC inspection on 24 January 2018, the property was recorded as owner-occupied.

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£716,192
Price Per sq ft (estimate)
£950
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 7, 56 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Jan 2018.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows have full secondary glazing.

The previous EPC assessment was conducted on 3 Aug 2010, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 118.8%.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
No low energy lighting
Very Poor

Compared to SW1P 4RL

19 th / 38
Price Rank
1% lower than average
7 th / 35
Size Rank
17% bigger than average
28 th / 35
Price Per Sq FT Rank
15% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 19th out of 38. Based on price per square foot, it ranks 28th out of 35 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 7th out of 35 properties in its postcode area.

Sale History

Today
£716,192
streetscan.co.uk estimate
+55 %
1 Aug 2008
£462,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 743 sq ft
sale price: £865,000
sale date: 8 Aug 2024
rooms: 3
size: 678 sq ft
sale price: £774,000
sale date: 24 May 2024
rooms: 3
size: 807 sq ft
sale price: £765,000
sale date: 19 Jan 2024
rooms: 3
size: 743 sq ft
sale price: £1,040,000
sale date: 2 Aug 2023
rooms: 3
size: 850 sq ft
sale price: £862,500
sale date: 30 Jun 2020

Data Sources

The property at Flat 7, 56 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL appears once in the Land Registry records, with the transaction recorded on 1 Aug 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jan 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.