Flat B61, Parliament View Apartments, 1 Albert Embankment, London, SE1 7XL is a leasehold flat built between 1983-1990. The property offers approximately 1,023 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £1,432,538 , which equates to approximately £1,401 per square foot. It was last sold on 1 Nov 2001 for £490,000. Since then, the value has increased by £942,538, representing a 192.4% increase, or approximately 8.0% per year.

The current estimated value of £1,432,538 is:

  • 9.1% lower than the average property price on Albert Embankment
  • 35.5% higher than the average in the SE1 7XL postcode area
  • and 71.4% higher than the average price for London as a whole

At the most recent EPC inspection on 23 April 2024, the property was recorded as rented.

View sold house prices in SE1 7XL

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
1023 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£1,432,538
Price Per sq ft (estimate)
£1,401
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat B61, Parliament View Apartments, 1 Albert Embankment, London, Lambeth, Greater London, SE1 7XL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Apr 2024.

This property uses electric room heaters 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 30 May 2014, and the property received the same rating of C with an unchanged energy efficiency score of 79.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 12% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE1 7XL

18 th / 50
Price Rank
36% higher than average
11 th / 37
Size Rank
25% bigger than average
25 th / 37
Price Per Sq FT Rank
8% higher than average

Compared to other properties in SE1 7XL , this flat's estimated value ranks 18th out of 50. Based on price per square foot, it ranks 25th out of 37 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 11th out of 37 properties in its postcode area.

Sale History

Today
£1,432,538
streetscan.co.uk estimate
+192 %
1 Nov 2001
£490,000
Leasehold
+11.4 %
24 Apr 2001
£440,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 904 sq ft
sale price: £890,000
sale date: 13 May 2024
rooms: 4
size: 980 sq ft
sale price: £1,008,000
sale date: 30 Jun 2022
rooms: 4
size: 1055 sq ft
sale price: £1,000,000
sale date: 31 Mar 2021
rooms: 4
size: 1109 sq ft
sale price: £1,134,200
sale date: 31 Oct 2019
rooms: 4
size: 915 sq ft
sale price: £1,300,000
sale date: 16 Sep 2019

Data Sources

The property at Flat B61, Parliament View Apartments, 1 Albert Embankment, London, SE1 7XL appears two times in the Land Registry records, with the latest transaction recorded on 1 Nov 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Apr 2024. 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.


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