Flats/Maisonettes 3 sales on record

ORMOND HOUSE FLAT 16 MEDWAY STREET

LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2TB

£510,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Artisan Furniture UK 0.1 miles
Bus stop Strutton Ground 0.1 miles
Train station St. James's Park 0.3 miles
University University of Notre Dame 0.9 miles
Hospital Tunica Diagnostics 1.3 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

1

Bathrooms

1

Last sold

£510,000 Apr 2026

Local average

£1,352,549 (38 sales)

Street crime

2201 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 15/04/2026 £510,000 Flat -15% £510,000 to April 2026 View transaction
Sold 01/05/2020 £600,000 Flat +200% £472,143 to April 2026 View transaction
Sold 01/12/2000 £200,000 Flat £555,462 to April 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
listed 07/01/2026 £525,000
sold 01/01/2026 £510,000
sold 01/01/2020 £600,000
sold 01/01/2000 £200,000
sold 01/01/1995 £132,000

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
ASQUITH HOUSE, 27 APARTMENT 410 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2AR £1,205,000 19/03/2024 Flat
73 FLAT 1 GREAT PETER STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BN £725,938 16/10/2023 Flat
VESTRY COURT, 5 FLAT 19 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BW £545,000 15/09/2023 Flat
ASHLEY HOUSE, 3 APARTMENT 19 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2FA £1,240,100 27/06/2023 Flat
ASQUITH HOUSE, 27 APARTMENT 413 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2AR £1,010,000 06/06/2023 Flat
OCTAVIA HOUSE FLAT 24 MEDWAY STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2TA £470,000 25/11/2022 Flat
26 FLAT 12 MEDWAY STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BD £629,000 21/10/2022 Flat
VESTRY COURT, 5 FLAT 39 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BW £550,000 23/09/2022 Flat
OCTAVIA HOUSE FLAT 12 MEDWAY STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2TA £590,000 14/09/2022 Flat
VESTRY COURT, 5 FLAT 66 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BW £895,000 22/08/2022 Flat
CAVENDISH HOUSE, 31 APARTMENT 107 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2AS £885,000 08/08/2022 Flat
26 FLAT 16 MEDWAY STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BD £595,000 27/07/2022 Flat
CAVENDISH HOUSE, 31 APARTMENT 207 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2AS £875,000 22/07/2022 Flat
VESTRY COURT, 5 FLAT 36 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BW £805,000 20/07/2022 Flat
73 FLAT 23 GREAT PETER STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BN £3,950,000 22/06/2022 Flat
ROSAMOND HOUSE, 4 APARTMENT 45 ELIZABETH COURT, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2FD £1,550,000 22/06/2022 Flat
OCTAVIA HOUSE FLAT 40 MEDWAY STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2TA £825,000 20/05/2022 Flat
CAVENDISH HOUSE, 31 APARTMENT 306 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2AS £1,260,000 03/05/2022 Flat
26 FLAT 2 MEDWAY STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BD £722,000 05/04/2022 Flat
BENTINCK HOUSE, 34 APARTMENT 202 MONCK STREET, LONDON, CITY OF WESTMINSTER, GREATER LONDON, SW1P 2BF £1,140,000 31/03/2022 Flat

Area average: £1,023,352 (20 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type and bedroom count.

Address Price Beds Type Distance
Westminster Green, Dean Ryle St., SW1P £549,000 1 Flat 0.23 mi

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -31.2%
10y growth -46.6%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Westminster. Series: Flats and maisonettes. As of April 2026.

1y (index) -20.1%
5y (index) -23.5%
10y (index) -22%

Rental Range

Estimated market rent for Westminster. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,847/mo
Realistic £3,163/mo
Optimistic £3,479/mo

Based on Local Authority from postcode lookup → Westminster.

LHA (30th percentile) floor for Central London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 1-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
4 Bed Flat, Rogers House, SW1P £4,795/mo 4 0.18 miles OpenRent

Average rent: £4,795/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.94%
Max investor price (0.8%) £599,375
Target investor price (1%) £479,500
Gross yield 11.3%
Cost-to-rent ratio 8.9×
Monthly cashflow £2,282/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 18.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Anti-social behaviour 458
Violence and sexual offences 457
Other theft 355
Theft from the person 325
Public order 163
Shoplifting 148
Robbery 77
Drugs 58
Burglary 47
Vehicle crime 42
Bicycle theft 30
Possession of weapons 23
Other crime 14
Criminal damage and arson 4
Total incidents 2201

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Matthew's School, Westminster Primary 0.1 miles Good — 26 Sep 2023
The Grey Coat Hospital Secondary 0.1 miles Outstanding — 20 Nov 2022
Burdett-Coutts and Townshend Foundation CofE Primary School Primary 0.2 miles Good — 9 Jan 2015
Westminster Abbey Choir School Other 0.2 miles (No rating)
Westminster School Other 0.2 miles (No rating)

FENSA

No FENSA certificates found for this address.