According to the public record, 216, Westcliffe Apartments 1, London is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Westcliffe Apartments, South Wharf Road, London, W2.
South Wharf Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
216, Westcliffe Apartments 1, London has 21 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated June 2019.
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 216 Westcliffe Apartments 1 London as £466,000 and the rental value as £2,051 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 216 Westcliffe Apartments 1 London has increased by £13,105 (2.8%) and its rental value has increased by £100 per month (4.9%).
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 216, Westcliffe Apartments 1, London is in very good condition we estimate a sale value of £489,300 and rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,380 and a rental value of £1,908 per month.
If you were able to purchase this property for the estimated value of £466,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,290 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, 216, Westcliffe Apartments 1, London was last sold on 09 Nov 2018 for £490,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 216, Westcliffe Apartments 1, London within a radius of 260 metres over the last 2 years.
The most recent example is 107, Westcliffe Apartments 1, South Wharf Road, London, W2 1JB, a Leasehold flat which sold for £493,000 in Jul 2021.
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 within a 260 metres radius of 216, Westcliffe Apartments 1, London over the last 2 years.
Most recently Flat 50, Cambridge Court, Sussex Gardens, London, W2 1EX, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
South Wharf Road, London, W2 has a total of 124 addresses. According to our analysis of all the public data, 216, Westcliffe Apartments 1, London is the 124th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £648k less expensive than the average property in W2.
216, Westcliffe Apartments 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 216, Westcliffe Apartments 1, London is Edgware Road station which is 200 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 216, Westcliffe Apartments 1, London, 46.4% of property is privately rented and 16.1% is shared ownership.
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 216, Westcliffe Apartments 1, London, 25.2% of residents are recorded as possessing school level qualifications and 65.6% 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 216, Westcliffe Apartments 1, 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 216, Westcliffe Apartments 1, London, 4.4% 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 216, Westcliffe Apartments 1, 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.