According to the public record, 3 Southacre, Hyde Park Crescent, London is a period leasehold apartment with 1,442 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 3, Hyde Park Crescent, London, W2.
Hyde Park Crescent, London, W2 is located in the borough of City of Westminster within the W2 postal district.
3 Southacre, Hyde Park Crescent, London has 31 entries in the Land Registry database, most recently in February 2015 and a single entry in the EPC database dated June 2014.
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 3 Southacre Hyde Park Crescent London as £2,544,957 and the rental value as £6,922 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 3 Southacre Hyde Park Crescent London has increased by £44,111 (1.7%) and its rental value has increased by £377 per month (5.5%).
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 3 Southacre, Hyde Park Crescent, London is in very good condition we estimate a sale value of £2,672,205 and rental value of £7,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,366,810 and a rental value of £6,438 per month.
If you were able to purchase this property for the estimated value of £2,544,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £12,508 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, 3 Southacre, Hyde Park Crescent, London was last sold on 23 Feb 2015 for £3,100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2015, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Southacre, Hyde Park Crescent, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 14, 21, Hyde Park Square, London, W2 2JR, a Leasehold flat which sold for £3,700,000 in Dec 2021.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hyde Park Crescent, London, W2 has a total of 80 addresses. According to our analysis of all the public data, 3 Southacre, Hyde Park Crescent, London is the 35th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £1.431m more expensive than the average property in W2.
3 Southacre, Hyde Park Crescent, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2014.
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 3 Southacre, Hyde Park Crescent, London is Edgware Road station which is 500 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 3 Southacre, Hyde Park Crescent, London, 43.4% of property is privately rented and 30.3% 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 3 Southacre, Hyde Park Crescent, London, 17.5% of residents are recorded as possessing school level qualifications and 64.1% 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 3 Southacre, Hyde Park Crescent, 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 3 Southacre, Hyde Park Crescent, London, 8.9% 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 3 Southacre, Hyde Park Crescent, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.