Flat 7, Octavia House Medway Street, London, SW1P 2TA is a leasehold flat built between 1991-1995. The property offers approximately 646 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £776,911 , which equates to approximately £1,203 per square foot. It was last sold on 23 Feb 2004 for £344,000. Since then, the value has increased by £432,911, representing a 125.8% increase, or approximately 5.8% per year.

The current estimated value of £776,911 is:

  • 20.3% lower than the average property price on Medway Street
  • 10.9% lower than the average in the SW1P 2TA postcode area
  • and 7.0% lower than the average price for London as a whole

At the most recent EPC inspection on 13 August 2020, the property was recorded as owner-occupied.

View sold house prices in SW1P 2TA

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£776,911
Price Per sq ft (estimate)
£1,203
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 7, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Aug 2020.

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.

The previous EPC assessment was conducted on 23 Nov 2009. The rating of C is unchanged, though the energy efficiency score decreased by 8.9%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric immersion, off-peak to community scheme, with no change in energy efficiency (good).
  • 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
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW1P 2TA

37 th / 48
Price Rank
11% lower than average
18 th / 38
Size Rank
0% same size than average
31 st / 38
Price Per Sq FT Rank
11% lower than average

Compared to other properties in SW1P 2TA , this flat's estimated value ranks 37th out of 48. Based on price per square foot, it ranks 31th out of 38 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 18th out of 38 properties in its postcode area.

Sale History

Today
£776,911
streetscan.co.uk estimate
+126 %
23 Feb 2004
£344,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 592 sq ft
sale price: £590,000
sale date: 14 Sep 2022
rooms: 3
size: 721 sq ft
sale price: £825,000
sale date: 20 May 2022
rooms: 3
size: 743 sq ft
sale price: £780,000
sale date: 24 Jun 2021
rooms: 2
size: 592 sq ft
sale price: £640,000
sale date: 15 Jun 2021
rooms: 2
size: 592 sq ft
sale price: £695,000
sale date: 6 Jul 2018

Data Sources

The property at Flat 7, Octavia House Medway Street, London, City Of Westminster, Greater London Authority, SW1P 2TA appears once in the Land Registry records, with the transaction recorded on 23 Feb 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Aug 2020. 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.