Flat 77, 55 Park Lane, London, W1K 1PU is a leasehold flat built between 1996-2002. The property offers approximately 659 square feet of living space and is situated on the 3rd floor of a 9-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £1,222,513 , which equates to approximately £1,862 per square foot. It was last sold on 26 Jun 2006 for £620,000. Since then, the value has increased by £602,513, representing a 97.2% increase, or approximately 5.0% per year.

The current estimated value of £1,222,513 is:

  • 28.2% lower than the average property price on Park Lane
  • 55.7% lower than the average in the W1K 1PU postcode area
  • and 39.7% higher than the average price for London as a whole

At the most recent EPC inspection on 12 November 2009, the property was recorded as owner-occupied.

View sold house prices in W1K 1PU

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
659 sq ft
Tenure
Leasehold
Floor level
3rd floor of 9
Price (estimate)
£1,222,513
Price Per sq ft (estimate)
£1,862
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 77, 55 Park Lane, London, City Of Westminster, Greater London Authority, W1K 1PU has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 12 Nov 2009.

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. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Community scheme
Good
Hot Water
From main system
Good
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to W1K 1PU

26 th / 28
Price Rank
56% lower than average
17 th / 20
Size Rank
43% smaller than average
15 th / 20
Price Per Sq FT Rank
22% lower than average

Compared to other properties in W1K 1PU , this flat's estimated value ranks 26th out of 28. Based on price per square foot, it ranks 15th out of 20 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 17th out of 20 properties in its postcode area.

Sale History

Today
£1,222,513
streetscan.co.uk estimate
+97 %
26 Jun 2006
£620,000
Leasehold
+24 %
20 Mar 2002
£499,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 713 sq ft
sale price: £1,850,000
sale date: 13 Dec 2016
rooms: 2
size: 575 sq ft
sale price: £900,000
sale date: 4 Mar 2010
rooms: 2
size: 743 sq ft
sale price: £720,000
sale date: 19 Dec 2006
rooms: 2
size: 657 sq ft
sale price: £565,000
sale date: 8 Sep 2006
rooms: 2
size: 710 sq ft
sale price: £600,000
sale date: 7 Oct 2005

Data Sources

The property at Flat 77, 55 Park Lane, London, W1K 1PU appears two times in the Land Registry records, with the latest transaction recorded on 26 Jun 2006. It also has a single Energy Performance Certificate (EPC) from 12 Nov 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.