Flat 74, 1 Chepstow Place, London, W2 4TE is a leasehold flat built between 1996-2002. The property offers approximately 980 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £1,115,050 , which equates to approximately £1,138 per square foot. It was last sold on 6 Jan 2023 for £1,450,000. Since then, the value has decreased by £334,950, representing a 23.1% decrease, or approximately 7.9% per year.

The current estimated value of £1,115,050 is:

  • 42.9% lower than the average property price on Chepstow Place
  • 3.2% higher than the average in the W2 4TE postcode area
  • and 27.4% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 September 2022, the property was recorded as rented.

View sold house prices in W2 4TE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
980 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£1,115,050
Price Per sq ft (estimate)
£1,138
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 74, 1 Chepstow Place, London, City Of Westminster, Greater London, W2 4TE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Sep 2022.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 May 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 28.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, while the heating system type remained the same (electric underfloor heating).
  • 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 average.
  • 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
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 4TE

20 th / 74
Price Rank
3% higher than average
19 th / 66
Size Rank
22% bigger than average
31 st / 66
Price Per Sq FT Rank
15% lower than average

Compared to other properties in W2 4TE , this flat's estimated value ranks 20th out of 74. Based on price per square foot, it ranks 31th out of 66 properties. In terms of size, this home ranks 19th out of 66 properties in its postcode area.

Sale History

Today
£1,115,050
streetscan.co.uk estimate
-23 %
6 Jan 2023
£1,450,000
Leasehold
+87.1 %
14 Mar 2007
£775,000
Leasehold
+103.9 %
17 Apr 2000
£380,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1023 sq ft
sale price: £1,275,000
sale date: 28 Oct 2024
rooms: 3
size: 969 sq ft
sale price: £1,300,000
sale date: 14 Oct 2022
rooms: 4
size: 1058 sq ft
sale price: £1,300,000
sale date: 25 Feb 2021
rooms: 3
size: 1072 sq ft
sale price: £1,385,000
sale date: 14 Mar 2019
rooms: 3
size: 1102 sq ft
sale price: £1,500,000
sale date: 24 Mar 2016

Data Sources

The property at Flat 74, 1 Chepstow Place, London, W2 4TE appears three times in the Land Registry records, with the latest transaction recorded on 6 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Sep 2022. 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.