Flat 9, 56 Millbank, London, SW1P 4RL is a leasehold flat built between 1900-1929. The property offers approximately 614 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £562,899 , which equates to approximately £917 per square foot. It was last sold on 18 Nov 2015 for £681,000. Since then, the value has decreased by £118,101, representing a 17.3% decrease, or approximately 1.7% per year.

The current estimated value of £562,899 is:

  • 64.0% lower than the average property price on Millbank
  • 22.0% lower than the average in the SW1P 4RL postcode area
  • and 32.6% lower than the average price for London as a whole

View sold house prices in SW1P 4RL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£562,899
Price Per sq ft (estimate)
£917
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 9, 56 Millbank, London, City Of Westminster, Greater London Authority, SW1P 4RL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Oct 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial double glazing.

The previous EPC assessment was conducted on 16 Sep 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 32.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 75mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 89% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to SW1P 4RL

16 th / 38
Price Rank
22% lower than average
20 th / 35
Size Rank
5% smaller than average
16 th / 35
Price Per Sq FT Rank
18% lower than average

Compared to other properties in SW1P 4RL , this flat's estimated value ranks 16th out of 38. Based on price per square foot, it ranks 16th out of 35 properties. In terms of size, this home ranks 20th out of 35 properties in its postcode area.

Sale History

Today
£562,899
streetscan.co.uk estimate
-17 %
18 Nov 2015
£681,000
Leasehold
+144.1 %
8 Feb 2002
£279,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 50 Millbank, London, SW1P 4RL
rooms: 2
size: 560 sq ft
sale price: £600,000
sale date: 12 Jul 2024
Flat 2, 57 Millbank, London, SW1P 4RL
rooms: 3
size: 678 sq ft
sale price: £774,000
sale date: 24 May 2024
Flat 7, 48 Millbank, London, SW1P 4RL
rooms: 2
size: 603 sq ft
sale price: £705,000
sale date: 10 Nov 2023
Flat 1, 50 Millbank, London, SW1P 4RL
rooms: 3
size: 581 sq ft
sale price: £550,000
sale date: 29 Apr 2022
Flat 10, 53 Millbank, London, SW1P 4RL
rooms: 2
size: 689 sq ft
sale price: £675,000
sale date: 6 Nov 2015

Data Sources

The property at Flat 9, 56 Millbank, London, SW1P 4RL appears two times in the Land Registry records, with the latest transaction recorded on 18 Nov 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Oct 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.
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