Flat B63, Parliament View Apartments, 1 Albert Embankment, London, SE1 7XL is a leasehold flat built between 1996-2002. The property offers approximately 549 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 £525,409 , which equates to approximately £957 per square foot. It was last sold on 15 May 2024 for £537,500. Since then, the value has decreased by £12,091, representing a 2.2% decrease, or approximately 1.4% per year.

The current estimated value of £525,409 is:

  • 66.6% lower than the average property price on Albert Embankment
  • 50.3% lower than the average in the SE1 7XL postcode area
  • and 37.1% lower than the average price for London as a whole

At the most recent EPC inspection on 27 April 2022, the property was recorded as owner-occupied.

View sold house prices in SE1 7XL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£525,409
Price Per sq ft (estimate)
£957
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat B63, Parliament View Apartments, 1 Albert Embankment, London, Lambeth, Greater London, SE1 7XL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 27 Apr 2022.

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 30 Apr 2010, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 46.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, electric to warm air, electricaire, improving energy efficiency from very poor to average.
  • The hot water energy efficiency changing from very good to average, while the system remained as electric immersion, off-peak.
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
No low energy lighting
Very Poor

Compared to SE1 7XL

43 rd / 50
Price Rank
50% lower than average
22 nd / 37
Size Rank
33% smaller than average
32 nd / 37
Price Per Sq FT Rank
26% lower than average

Compared to other properties in SE1 7XL , this flat's estimated value ranks 43th out of 50. Based on price per square foot, it ranks 32th 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 22th out of 37 properties in its postcode area.

Sale History

Today
£525,409
streetscan.co.uk estimate
-2 %
15 May 2024
£537,500
Leasehold
-2.3 %
29 Sep 2014
£550,000
Leasehold
+144.4 %
4 Apr 2001
£225,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £495,000
sale date: 29 Nov 2018
rooms: 2
size: 527 sq ft
sale price: £575,000
sale date: 31 Mar 2016
rooms: 2
size: 506 sq ft
sale price: £490,000
sale date: 22 Sep 2015
rooms: 2
size: 495 sq ft
sale price: £350,000
sale date: 29 Jan 2010
rooms: 2
size: 506 sq ft
sale price: £330,501
sale date: 22 May 2007

Data Sources

The property at Flat B63, Parliament View Apartments, 1 Albert Embankment, London, SE1 7XL appears three times in the Land Registry records, with the latest transaction recorded on 15 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Apr 2022. 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.