Flat A40, Parliament View Apartments, 1 Albert Embankment, London, SE1 7XH is a leasehold flat built between 1996-2002. The property offers approximately 1,206 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,245,927 , which equates to approximately £1,033 per square foot. It was last sold on 17 Nov 2023 for £1,315,000. Since then, the value has decreased by £69,073, representing a 5.3% decrease, or approximately 2.5% per year.

The current estimated value of £1,245,927 is:

  • 20.9% lower than the average property price on Albert Embankment
  • 4.8% higher than the average in the SE1 7XH postcode area
  • and 49.1% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 January 2023, the property was recorded as owner-occupied.

View sold house prices in SE1 7XH

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1206 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£1,245,927
Price Per sq ft (estimate)
£1,033
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat A40, Parliament View Apartments, 1 Albert Embankment, London, Lambeth, Greater London, SE1 7XH has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Jan 2023.

This property uses an Electricaire warm air system 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 20 Dec 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 2.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to warm air, electricaire, changing energy efficiency from good to average.
  • The hot water system was changed from community scheme to electric immersion, off-peak, with its energy efficiency changing from good to average.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Warm air, Electricaire
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to SE1 7XH

3 rd / 42
Price Rank
5% higher than average
5 th / 37
Size Rank
32% bigger than average
24 th / 37
Price Per Sq FT Rank
20% lower than average

Compared to other properties in SE1 7XH , this flat's estimated value ranks 3rd out of 42. Based on price per square foot, it ranks 24th out of 37 properties. In terms of size, this home ranks 5th out of 37 properties in its postcode area.

Sale History

Today
£1,245,927
streetscan.co.uk estimate
-5 %
17 Nov 2023
£1,315,000
Leasehold
+139.1 %
2 Jul 2003
£550,000
Leasehold
-10.6 %
11 May 2001
£615,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1119 sq ft
sale price: £1,140,000
sale date: 27 Jan 2023
rooms: 4
size: 1076 sq ft
sale price: £960,000
sale date: 19 Jul 2022
rooms: 4
size: 1066 sq ft
sale price: £985,000
sale date: 21 Dec 2021
rooms: 4
size: 1087 sq ft
sale price: £980,000
sale date: 28 Oct 2020
rooms: 4
size: 1055 sq ft
sale price: £1,100,000
sale date: 10 Sep 2018

Data Sources

The property at Flat A40, Parliament View Apartments, 1 Albert Embankment, London, SE1 7XH appears three times in the Land Registry records, with the latest transaction recorded on 17 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jan 2023. 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.