According to the public record, 3, Southwick Street, London is a modern freehold house with 2,195 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Southwick Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
3, Southwick Street, London has 21 entries in the Land Registry database, most recently in April 2006 and a single entry in the EPC database dated October 2020.
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 Southwick Street London as £3,135,779 and the rental value as £11,758 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 3 Southwick Street London has increased by £130,527 (4.2%) and its rental value has increased by £842 per month (7.2%).
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, Southwick Street, London is in very good condition we estimate a sale value of £3,292,568 and rental value of £12,346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,916,275 and a rental value of £10,935 per month.
If you were able to purchase this property for the estimated value of £3,135,779, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £15,411 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 data from HM Land Registry, 3, Southwick Street, London sits on a plot of 102m2.
We have plot size data on 4 out of 5 other houses in the postcode and 3, Southwick Street, London sits on the 2nd largest plot.
According to HM Land Registry, 3, Southwick Street, London was last sold on 03 Apr 2006 for £1,325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Southwick Street, London within a radius of 250 metres over the last 2 years.
The most recent example is 8, Cambridge Square, London, W2 2PS, a Freehold house which sold for £3,000,000 in Dec 2021.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southwick Street, London, W2 has a total of 171 addresses. According to our analysis of all the public data, 3, Southwick Street, London is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £2.022m more expensive than the average property in W2.
3, Southwick Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2020.
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, Southwick Street, London is Paddington 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 3, Southwick Street, London, 58.5% of property is privately rented and 23.2% 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, Southwick Street, London, 20.0% of residents are recorded as possessing school level qualifications and 67.4% 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 3, Southwick Street, 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, Southwick Street, London, 7.3% 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 3, Southwick Street, 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.