Flat 97, 55 Park Lane, London, W1K 1PX is a leasehold flat built between 1930-1949. The property offers approximately 722 square feet of living space and is situated on the 4th 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 £1,426,003 , which equates to approximately £1,977 per square foot. It was last sold on 8 Feb 2010 for £999,500. Since then, the value has increased by £426,503, representing a 42.7% increase, or approximately 2.7% per year.

The current estimated value of £1,426,003 is:

  • 16.2% lower than the average property price on Park Lane
  • 45.7% lower than the average in the W1K 1PX postcode area
  • and 62.9% higher than the average price for London as a whole

At the most recent EPC inspection on 2 October 2009, the property was recorded as owner-occupied.

View sold house prices in W1K 1PX

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
722 sq ft
Tenure
Leasehold
Floor level
4th floor of 9
Price (estimate)
£1,426,003
Price Per sq ft (estimate)
£1,977
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 97, 55 Park Lane, London, City Of Westminster, Greater London Authority, W1K 1PX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Oct 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 the main heating system, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

Heating Type
Community scheme
Good
Hot Water
From main system, no cylinderstat
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to W1K 1PX

16 th / 17
Price Rank
46% lower than average
10 th / 13
Size Rank
33% smaller than average
12 th / 13
Price Per Sq FT Rank
19% lower than average

Compared to other properties in W1K 1PX , this flat's estimated value ranks 16th out of 17. Based on price per square foot, it ranks 12th out of 13 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 13 properties in its postcode area.

Sale History

Today
£1,426,003
streetscan.co.uk estimate
+43 %
8 Feb 2010
£999,500
Leasehold
+90.4 %
13 Apr 2006
£525,000
Leasehold
+5 %
19 Jun 2002
£499,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 700 sq ft
sale price: £2,250,000
sale date: 15 Jul 2015
rooms: 3
size: 732 sq ft
sale price: £1,700,000
sale date: 3 Dec 2013
rooms: 2
size: 786 sq ft
sale price: £1,860,000
sale date: 30 Sep 2013
rooms: 2
size: 630 sq ft
sale price: £1,075,000
sale date: 2 Jul 2010
rooms: 2
size: 778 sq ft
sale price: £725,000
sale date: 25 May 2006

Data Sources

The property at Flat 97, 55 Park Lane, London, W1K 1PX appears three times in the Land Registry records, with the latest transaction recorded on 8 Feb 2010. It also has a single Energy Performance Certificate (EPC) from 2 Oct 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.