Flat 70, 55 Park Lane, London, W1K 1PU is a leasehold flat built between 1930-1949. The property offers approximately 2,002 square feet of living space and is situated on the 3rd floor of a 8-storey building. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £5,641,138 , which equates to approximately £2,818 per square foot. It was last sold on 10 Sep 2015 for £6,250,000. Since then, the value has decreased by £608,862, representing a 9.7% decrease, or approximately 1.0% per year.

The current estimated value of £5,641,138 is:

  • 231.3% higher than the average property price on Park Lane
  • 104.2% higher than the average in the W1K 1PU postcode area
  • and 544.5% higher than the average price for London as a whole

View sold house prices in W1K 1PU

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
2002 sq ft
Tenure
Leasehold
Floor level
3rd floor of 8
Price (estimate)
£5,641,138
Price Per sq ft (estimate)
£2,818
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 70, 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 May 2009.

This property is heated via a community heating scheme that includes a combined heat and power (CHP) system. Hot water is provided from the main heating system, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

Heating Type
Community scheme with CHP
Good
Hot Water
From main system, no cylinderstat
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 22% of fixed outlets
Poor

Compared to W1K 1PU

1 st / 28
Price Rank
104% higher than average
3 rd / 20
Size Rank
73% bigger than average
3 rd / 20
Price Per Sq FT Rank
18% higher than average

Compared to other properties in W1K 1PU , this flat's estimated value ranks 1st out of 28. Based on price per square foot, it ranks 3rd 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 3rd out of 20 properties in its postcode area.

Sale History

Today
£5,641,138
streetscan.co.uk estimate
-10 %
10 Sep 2015
£6,250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 2045 sq ft
sale price: £4,500,000
sale date: 27 Jun 2019
rooms: 5
size: 1948 sq ft
sale price: £5,100,000
sale date: 28 Nov 2018
rooms: 4
size: 1894 sq ft
sale price: £4,250,000
sale date: 21 Jul 2011
rooms: 4
size: 1722 sq ft
sale price: £1,799,999
sale date: 4 Jul 2003

Data Sources

The property at Flat 70, 55 Park Lane, London, City Of Westminster, Greater London Authority, W1K 1PU appears once in the Land Registry records, with the transaction recorded on 10 Sep 2015. It also has a single Energy Performance Certificate (EPC) from 6 May 2009. 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.