Flat 78, 22 Park Crescent, London, W1B 1PE is a leasehold flat built between 1950-1966. The property offers approximately 538 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £640,833 , which equates to approximately £1,191 per square foot. It was last sold on 4 Mar 2005 for £300,000. Since then, the value has increased by £340,833, representing a 113.6% increase, or approximately 5.5% per year.

The current estimated value of £640,833 is:

  • 72.0% lower than the average property price on Park Crescent
  • 15.7% lower than the average in the W1B 1PE postcode area
  • and 26.8% lower than the average price for London as a whole

At the most recent EPC inspection on 16 August 2019, the property was recorded as owner-occupied.

View sold house prices in W1B 1PE

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£640,833
Price Per sq ft (estimate)
£1,191
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 78, 22 Park Crescent, London, City Of Westminster, Greater London Authority, W1B 1PE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Aug 2019.

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 12 Aug 2009. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W1B 1PE

12 th / 19
Price Rank
16% lower than average
10 th / 19
Size Rank
3% smaller than average
16 th / 19
Price Per Sq FT Rank
13% lower than average

Compared to other properties in W1B 1PE , this flat's estimated value ranks 12th out of 19. Based on price per square foot, it ranks 16th out of 19 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 10th out of 19 properties in its postcode area.

Sale History

Today
£640,833
streetscan.co.uk estimate
+114 %
4 Mar 2005
£300,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £720,000
sale date: 3 Dec 2021
rooms: 2
size: 570 sq ft
sale price: £660,000
sale date: 24 Oct 2013
rooms: 3
size: 603 sq ft
sale price: £755,000
sale date: 3 Oct 2012
rooms: 2
size: 506 sq ft
sale price: £415,000
sale date: 23 Dec 2008
rooms: 2
size: 506 sq ft
sale price: £950,000
sale date: 11 Nov 2022

Data Sources

The property at Flat 78, 22 Park Crescent, London, City Of Westminster, Greater London Authority, W1B 1PE appears once in the Land Registry records, with the transaction recorded on 4 Mar 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2019. 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.