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£55,000 below fair value

SW1P 4RL

Millbank, London, SW1P

2 Beds
1 Baths
78 m² Floor area
Type Flat
Listed 22 Jul 2026
Asking price £875,000
Price per m² £11,218 / m²

Set within an elegant and beautifully maintained white stucco-fronted building in the heart of Millbank, this immaculate second-floor apartment extends to approximately 844 sq ft and enjoys a desirable corner position with views of the River Thames. Offered chain free, the property is held with a share of freehold and benefits from a 981-year lease. The apartment is filled with natural light, with floor-to-ceiling south facing windows in all rooms and the generous living and dining room creating bright and inviting living spaces throughout. An entrance hall leads to a well-proportioned reception room, a separate kitchen, two double bedrooms with built-in wardrobes, and a well-appointed bathroom. Newly installed double-glazed windows further enhance comfort, energy efficiency, and provide excellent noise isolation. The building is exceptionally well maintained and benefits from the services of a porter, together with access to a beautifully landscaped private residents' garden.

Situation

Millbank is one of Westminster's most sought-after addresses, ideally positioned for the River Thames and within easy reach of Pimlico Underground station, offering excellent transport connections across London. The area is also well served by a range of local shops, cafés and restaurants, with the open spaces of St James's Park and the amenities of Westminster and Victoria all close by.

Property Ref Number:

HAM-66375

How the asking price has moved

Jul 2026
£875,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
Flat 2, 50, 50 MILLBANK, SW1P 4RL £540,000 Oct 2024 Flat
Flat 5, 53, 53 MILLBANK, SW1P 4RL £865,000 Aug 2024 Flat
Flat 3, 50, 50 MILLBANK, SW1P 4RL £600,000 Jul 2024 Flat
Flat 2, 57, 57 MILLBANK, SW1P 4RL £774,000 May 2024 Flat
Flat 4, 57, 57 MILLBANK, SW1P 4RL £765,000 Jan 2024 Flat
Flat 7, 48, 48 MILLBANK, SW1P 4RL £705,000 Nov 2023 Flat
Flat 3, 48, 48 MILLBANK, SW1P 4RL £1,040,000 Aug 2023 Flat
Flat 6, 56, 56 MILLBANK, SW1P 4RL £645,000 Jan 2022 Flat
Flat 5, 57, 57 MILLBANK, SW1P 4RL £862,500 Jun 2020 Flat
Flat 8, 50, 50 MILLBANK, SW1P 4RL £620,000 Jul 2019 Flat
Source: HM Land Registry · SW1P 4RL · Sorted by date

Millbank, London, SW1P

Our fair price estimate
£930,000
Nearby sold prices per m² × UK HPI × 78 m² floor area (EPC-declared)
Asking price £875,000
Fair price £930,000
Difference ↓ £55,000 under
Price per m² £11,218 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 78 m². Updated daily.