According to the public record, 15 Raynham, London is a mid-century leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Raynham, Norfolk Crescent, London, W2.
Norfolk Crescent, London, W2 is located in the borough of City of Westminster within the W2 postal district.
15 Raynham, London has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated July 2023.
We combine this information with that 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 15 Raynham London as £1,356,607 and the rental value as £5,278 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 15 Raynham London has increased by £49,587 (3.7%) and its rental value has increased by £350 per month (6.6%).
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 15 Raynham, London is in very good condition we estimate a sale value of £1,424,438 and rental value of £5,542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,261,645 and a rental value of £4,909 per month.
If you were able to purchase this property for the estimated value of £1,356,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,667 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 HM Land Registry, 15 Raynham, London was last sold on 25 Mar 2021 for £925,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15 Raynham, London within a radius of 200 metres over the last 2 years.
The most recent example is 45 Raynham, Norfolk Crescent, London, W2 2PQ, a Leasehold flat which sold for £1,137,500 in Dec 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Crescent, London, W2 has a total of 112 addresses. According to our analysis of all the public data, 15 Raynham, London is the 97th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £242k more expensive than the average property in W2.
15 Raynham, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 15 Raynham, London is Edgware Road station which is 400 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 15 Raynham, London, 63.6% of property is privately rented and 20.9% 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 15 Raynham, London, 32.1% of residents are recorded as possessing school level qualifications and 72.6% 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 15 Raynham, London, the average age was 37.1 and the most common age was 22.
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 15 Raynham, London, 3.3% 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 15 Raynham, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.