According to the public record, 3, Sussex Mews East, London is a mid-century leasehold house with 871 ft2 of internal area and sits on a 39.4 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Sussex Mews East, London, W2 is located in the borough of City of Westminster within the W2 postal district.
3, Sussex Mews East, London has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated May 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 Sussex Mews East London as £1,356,948 and the rental value as £5,568 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 3 Sussex Mews East London has increased by £66,243 (4.9%) and its rental value has increased by £398 per month (7.1%).
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, Sussex Mews East, London is in very good condition we estimate a sale value of £1,424,795 and rental value of £5,846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,261,961 and a rental value of £5,178 per month.
If you were able to purchase this property for the estimated value of £1,356,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,669 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, Sussex Mews East, London sits on a plot of 39m2.
We have plot size data on 6 out of 10 other houses in the postcode and 3, Sussex Mews East, London sits on the 2nd largest plot.
According to HM Land Registry, 3, Sussex Mews East, London was last sold on 15 Dec 2023 for £1,400,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Sussex Mews East, London within a radius of 320 metres over the last 2 years.
The most recent example is 31, Conduit Mews, London, W2 3RE, a Freehold house which sold for £1,160,000 in Nov 2021.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sussex Mews East, London, W2 has a total of 10 addresses. According to our analysis of all the public data, 3, Sussex Mews East, London is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £243k more expensive than the average property in W2.
3, Sussex Mews East, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 May 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 3, Sussex Mews East, London is Lancaster Gate station which is 300 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, Sussex Mews East, London, 46.6% of property is privately rented and 31.0% 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, Sussex Mews East, London, 27.5% of residents are recorded as possessing school level qualifications and 61.5% 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, Sussex Mews East, 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, Sussex Mews East, London, 10.7% 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, Sussex Mews East, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.