Flat B83, Parliament View Apartments, 1 Albert Embankment, London, SE1 7XL is a leasehold flat built between 1996-2002. The property offers approximately 560 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 £748,307 , which equates to approximately £1,337 per square foot. It was last sold on 26 Jan 2001 for £245,000. Since then, the value has increased by £503,307, representing a 205.4% increase, or approximately 8.2% per year.

The current estimated value of £748,307 is:

  • 52.5% lower than the average property price on Albert Embankment
  • 29.2% lower than the average in the SE1 7XL postcode area
  • and 10.5% lower than the average price for London as a whole

View sold house prices in SE1 7XL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£748,307
Price Per sq ft (estimate)
£1,337
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat B83, Parliament View Apartments, 1 Albert Embankment, London, Lambeth, Greater London Authority, SE1 7XL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Jul 2019.

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. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Apr 2009. The rating of C remains the same, but the energy efficiency score improved by 9.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, off-peak to community scheme, with its energy efficiency improving from average to good.
  • The lighting was updated from low energy lighting in 12% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SE1 7XL

35 th / 50
Price Rank
29% lower than average
21 st / 37
Size Rank
31% smaller than average
31 st / 37
Price Per Sq FT Rank
3% higher than average

Compared to other properties in SE1 7XL , this flat's estimated value ranks 35th out of 50. Based on price per square foot, it ranks 31th 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 21th out of 37 properties in its postcode area.

Sale History

Today
£748,307
streetscan.co.uk estimate
+205 %
26 Jan 2001
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £537,500
sale date: 15 May 2024
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

Data Sources

The property at Flat B83, Parliament View Apartments, 1 Albert Embankment, London, Lambeth, Greater London Authority, SE1 7XL appears once in the Land Registry records, with the transaction recorded on 26 Jan 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 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.