According to the public record, 1, Intercon House 5, London is a period apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in Intercon House, Inverness Place, London, W2.
Inverness Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
1, Intercon House 5, London has no records in the Land Registry database and a single entry in the EPC database dated February 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Intercon House 5 London as £453,684 and the rental value as £2,004 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 1 Intercon House 5 London has increased by £19,593 (4.3%) and its rental value has increased by £117 per month (5.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Intercon House 5, London is in very good condition we estimate a sale value of £476,368 and rental value of £2,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,926 and a rental value of £1,863 per month.
If you were able to purchase this property for the estimated value of £453,684, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,230 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Intercon House 5, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 113, Queens Court, Queensway, London, W2 4QS, a Leasehold flat which sold for £343,000 in May 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 1, Intercon House 5, London within a radius of 200 metres over the last 2 years.
Most recently Flat 14, 44, Inverness Terrace, London, W2 3JA, a Leasehold flat let by Your Home Managed in Jul 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Inverness Place, London, W2 has a total of 18 addresses. According to our analysis of all the public data, 1, Intercon House 5, London is the 14th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £661k less expensive than the average property in W2.
1, Intercon House 5, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Intercon House 5, London is Bayswater station which is 0 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Intercon House 5, London, 86.0% of property is privately rented and 6.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Intercon House 5, London, 15.3% of residents are recorded as possessing school level qualifications and 72.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Intercon House 5, London, the average age was 37.5 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Intercon House 5, London, 3.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Intercon House 5, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.