According to the public record, 29, Stanhope Terrace, London is a period leasehold apartment with 1,194 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Stanhope Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
29, Stanhope Terrace, London has 21 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated August 2016.
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 29 Stanhope Terrace London as £1,198,555 and the rental value as £4,955 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 29 Stanhope Terrace London has increased by £54,332 (4.5%) and its rental value has increased by £337 per month (6.8%).
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 29, Stanhope Terrace, London is in very good condition we estimate a sale value of £1,258,483 and rental value of £5,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,114,656 and a rental value of £4,608 per month.
If you were able to purchase this property for the estimated value of £1,198,555, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,891 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, 29, Stanhope Terrace, London was last sold on 27 Jan 2017 for £1,325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2017, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Stanhope Terrace, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 6, 207, Sussex Gardens, London, W2 2RJ, a Leasehold flat which sold for £1,090,000 in May 2024.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Terrace, London, W2 has a total of 43 addresses. According to our analysis of all the public data, 29, Stanhope Terrace, London is the 17th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in W2.
29, Stanhope Terrace, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 29, Stanhope Terrace, London is Lancaster Gate 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 29, Stanhope Terrace, London, 59.6% of property is privately rented and 22.3% 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 29, Stanhope Terrace, London, 15.3% of residents are recorded as possessing school level qualifications and 74.4% 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 29, Stanhope Terrace, 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 29, Stanhope Terrace, London, 10.3% 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 29, Stanhope Terrace, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.