Property Intelligence Report — 18 Sections

10 Downing Street

London SW1A 2AA

Detached · Freehold · Grade I Listed · Built c. 1684

76Good

HouseCheckup Score

£4.25MZone 1EPC D76 / 100Grade I
01

Executive Summary & Red Flags

Page 1

3 Green Flags
3 Red Flags
72nd Percentile

Strengths

Flood Zone 1 — minimal flood risk
Full Fibre Broadband (920 Mbps)
Outstanding school within 0.5mi

Concerns

Grade I Listed — strict planning restrictions
High council tax band H (£4,120/yr)
EPC Band D — below average
This property scores higher than 72% of properties in Westminster
72th percentileLower scoringHigher scoring

02

Property Profile & Building History

Page 2

Property Details

Property Type

Detached

Tenure

Freehold (Crown Estate)

Built

c. 1684 (342 years old)

Floor Area

~350 sqm (estimated)

Bedrooms

4+ (official residence)

Council Tax Band

H (\u00a34,120/yr)

Listed

Grade I

Conservation Area

Yes

EPC History

DateRatingScoreAssessor
14 Mar 2022D55Certified Energy
08 Nov 2018D52Green Deal Assessors
22 Jan 2015E42EPC London

EPC Score Trend

42 → 52 → 55

Sales History

DatePriceType
Crown propertyNo recorded sales

This is a Crown property and has not been sold on the open market. For most properties, HouseCheckup shows the full Land Registry price-paid history back to 1995.

Planning History

Jan 202424/0142/LBCApproved

Internal refurbishment of ground floor

Sep 202323/0891/FULLApproved

Installation of security bollards

Mar 202323/0234/LBCPending

Replacement of windows to rear

Nov 202222/1456/FULLRefused

Extension to press briefing room

Jun 202121/0678/LBCApproved

Restoration of original cornicing

Feb 202020/0123/FULLApproved

Upgrade to CCTV and access control

This property has an active planning history with 6 applications in the last 4 years. The mix of Listed Building Consent (LBC) and Full Planning applications reflects the Grade I listed status — even internal changes require LBC approval. The refused application for the press briefing room extension indicates the strict approach Westminster takes to development in this area.

Built c.1684 as three townhouses, later combined and substantially modified by William Kent in the 1730s. The property has been the official residence of the Prime Minister since 1735. As a Grade I listed building, it is of exceptional interest — only 2.5% of all listed buildings in England achieve this classification.


03

AVM Valuation

Page 3-4

Central Estimate

£4,250,000

Confidence range: £3,800,000 – £4,700,000

Last Sold

Crown property

Price / sqm

£12,150

Area Avg / sqm

£15,200

Price / Room

£1,062,500

Comparables

8 within 0.5mi

Estimated Price History (1995–2025)

470,0001,460,0002,450,0003,440,0004,430,0001995: 650,0001997: 820,0001999: 1,050,0002001: 1,280,0002003: 1,520,0002005: 1,900,0002007: 2,400,0002009: 2,100,0002011: 2,350,0002013: 2,750,0002015: 3,200,0002017: 3,450,0002019: 3,600,0002021: 3,850,0002023: 4,100,0002025: 4,250,0001995: 650,0001997: 820,0001999: 1,050,0002001: 1,280,0002003: 1,520,0002005: 1,900,0002007: 2,400,0002009: 2,100,0002011: 2,350,0002013: 2,750,0002015: 3,200,0002017: 3,450,0002019: 3,600,0002021: 3,850,0002023: 4,100,0002025: 4,250,000199519992003200720112015201920232025

Price per sqm Comparison

This Property
12150 £/sqm
Street Avg
14800 £/sqm
SW1A Avg
15200 £/sqm
London Avg
7500 £/sqm

This property's estimated value of £4,250,000 places it in the top 2% of Westminster properties. The price-per-square-metre of £12,150 is below the SW1A average of £15,200, suggesting relative value — likely reflecting the property's Grade I listed status which limits modernisation potential. The confidence range of £3.8M–£4.7M is wider than typical, due to the unique nature of the property and limited comparable sales data.


04

Energy & Carbon

Page 5

Energy Performance Certificate

A92+B81-91C69-80D55-68E39-54F21-38G1-20Current: D (55)Potential: B (81)

Annual Energy Costs

£3,940Area avg: £3,200Heating£2,840Hot Water£480Lighting£620

Carbon Footprint

8.2tonnes CO₂/yearTrees needed to offset annually:+353 more26% above area average (avg: 6.5t)

An EPC Band D rating of 55 is below the England average of 66 (Band D). Annual energy costs of £3,940 are approximately 60% higher than a typical 4-bedroom property, driven primarily by the building's age (c.1684) and heritage constraints that limit insulation improvements. The potential Band B (81) rating would reduce annual costs by approximately £1,800 — but achieving this would require Listed Building Consent for most energy improvements.


05

Flood & Climate Risk

Page 6-7

River & Sea

Low

Flood Zone 1

Surface Water

Negligible

Very low risk

Reservoir

Low

Low likelihood

Groundwater

Negligible

No known risk

Coastal Erosion

Negligible

Not applicable

Sewage Overflow

Low

3 events in 12 months

All flood risk indicators are low for this property. Flood Zone 1 means less than 0.1% annual probability of river or sea flooding. The property is eligible for Flood Re insurance if needed. Climate projections to 2050 and 2080 show no significant increase in flood risk for this location.


06

Ground & Environmental Risk

Page 8-9

Shrink-swell Clay

Low

London clay — low susceptibility

Landslides

Negligible

Flat terrain

Compressible Ground

Low

Some alluvium present

Radon

Negligible

<1% of homes above action level

Contaminated Land

Low

None within 500m

Coal Mining

Negligible

Not in affected area

Noise Levels

Daytime
WHO guideline
54 dB

Moderate

Nighttime
WHO guideline
46 dB

Moderate

Air Quality

WHO10 µg/m³PM.2040
12µg/m³Moderate

Ground stability is excellent — the London Clay geology in this area has low shrink-swell risk and negligible landslide susceptibility. Radon is not a concern in central London (less than 1% of homes above the action level). However, air quality is a consideration: PM2.5 at 12 μg/m³ exceeds the WHO guideline of 10 μg/m³, which is typical for central London locations near major roads. Noise levels of 54 dB (daytime) are just below the WHO 55 dB guideline — a relatively quiet area for central London.


07

Crime & Safety

Page 10

Theft
420
Anti-social Behaviour
285
Violent Crime
210
Vehicle Crime
95
Burglary
72
Robbery
48
Criminal Damage
35
Drugs
28
crimes per 1,000 people9% above average
This area85.0
National average78.0

12-Month Crime Trend

-35%

year on year

Westminster has higher-than-average crime rates compared to national figures, which is typical for central London boroughs with high footfall and tourism. However, the declining 12-month trend is positive, showing a 35% reduction in reported incidents. The most common offence categories — theft and anti-social behaviour — reflect the area's commercial and tourist character rather than residential safety concerns.


08

Schools & Healthcare

Page 11

NamePhaseOfstedDistance
Westminster Abbey Choir School(180 pupils)PrimaryOutstanding0.2mi
St Matthew’s CofE Primary(210 pupils)PrimaryGood0.3mi
Burdett-Coutts CofE Primary(245 pupils)PrimaryGood0.4mi
Westminster City School(780 pupils)SecondaryGood0.5mi
Harris Westminster Sixth Form(540 pupils)SecondaryOutstanding0.6mi
Grey Coat Hospital(1,050 pupils)SecondaryOutstanding0.7mi
6
Outstanding3
Good3
Requires Improvement0
Inadequate0

The school provision near this property is excellent, with 3 Outstanding and 3 Good Ofsted-rated schools within 0.7 miles. Westminster Abbey Choir School (0.2mi) and Harris Westminster Sixth Form (0.6mi) are particularly notable. School quality is one of the strongest price drivers in this postcode — properties near Outstanding schools in SW1A command an 8-12% premium.


09

Transport & Broadband

Page 12

Nearest Stations

Westminster

Tube · 0.2mi · 3 min walk

Jubilee, District, Circle

St James’s Park

Tube · 0.3mi · 4 min walk

District, Circle

Pimlico

Tube · 0.6mi · 8 min walk

Victoria

Victoria

Rail / Tube · 0.7mi · 9 min walk

National Rail, Victoria

Broadband Speed

920Mbps
Full Fibre Available
30 MbpsSuperfast300 MbpsUltrafastArea avg: 150920 Mbps
01000 Mbps

Mobile Coverage

EE
IndoorStrong
OutdoorStrong
Vodafone
IndoorStrong
OutdoorStrong
Three
IndoorStrong
OutdoorModerate
O2
IndoorStrong
OutdoorStrong

Transport connectivity is exceptional, with 3 tube stations within 0.7 miles and Victoria mainline station under 10 minutes' walk. The area has a PTAL (Public Transport Accessibility Level) of 6b — the highest possible rating. Broadband at 920 Mbps (full fibre) is well above the UK average of 70 Mbps, supporting home working requirements.


10

Planning & Heritage

Page 13

Heritage Constraints

Heritage constraints apply — planning restrictions may affect modifications

Listed Building Grade I

Entire building is listed

Yes
Conservation Area

Whitehall Conservation Area

Yes
Tree Preservation Order (TPO)
No
Article 4 Direction

Permitted development removed

Yes
Scheduled Monument
No
AONB / National Park
No

Recent Planning Applications

15 Jan 2024Approved

Internal refurbishment of ground floor offices

Ref: 24/00142/FULL

22 Sept 2023Approved

Installation of security bollards to Downing Street entrance

Ref: 23/08901/FULL

10 Mar 2023Pending

Replacement of windows to rear elevation with heritage glazing

Ref: 23/02817/LBC

5 Nov 2022Refused

Extension to press briefing room at rear ground floor

Ref: 22/09456/FULL

Three active heritage constraints significantly limit development potential: Grade I listing (the highest level of protection — only 2.5% of listed buildings), Conservation Area status, and an Article 4 Direction removing permitted development rights. Any external or material internal alterations require Listed Building Consent. This is a key factor in the lower-than-average price-per-sqm and affects all investment strategy scores.


11

Investment Analysis

Page 15-17

30-Year Price Forecast

£3.9M£5.6M£7.2M£8.9M£10.6M£12.3MNow£11.9M£8.2M£5.1M2025203020352040204520502055
Bull caseBase caseBear caseCurrent price

Rental Yield

Avg0%3%5%8%12%1.8%Gross yield0.9%Net yield
GrossNetArea avg

Strategy Scores

Buy-to-Let

35
Yield
25
Demand
45
Regulations
30
Growth
40

Flip / Refurb

22
Margin
15
Planning
10
Condition
35
Market
28

HMO

18
Licensing
10
Demand
30
Yield
15
Location
20

Development

12
Plot Size
8
Planning
5
Viability
15
Access
20

Long-term Hold

78
Capital Growth
85
Location
90
Fundamentals
72
Resilience
65

The investment profile of 10 Downing Street is dominated by its long-term capital preservation characteristics. The Long-term Hold score of 78 reflects the property's prime location, supply-constrained market, and historical capital appreciation in SW1A. Active investment strategies (BTL, Flip, HMO, Development) score poorly due to heritage constraints, low yield relative to price, and regulatory complexity. The 30-year forecast projects a base-case value of £8.1M by 2055, representing a compound annual growth rate of 2.2%.

Key Insight

This property is best understood as a capital preservation asset, not an income generator. With a net yield of just 0.9% and severe development restrictions, the investment thesis rests entirely on long-term price appreciation in one of the world's most supply-constrained property markets.

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