According to the public record, 3, Westmoreland Street, London is a period leasehold apartment and with 1,359 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Westmoreland Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
3, Westmoreland Street, London has 41 entries in the Land Registry database, most recently in March 2010 and 3 entries in the EPC database, most recently in August 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 Westmoreland Street London as £3,032,238 and the rental value as £8,301 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 3 Westmoreland Street London has increased by £5,370 (0.2%) and its rental value has increased by £551 per month (6.6%).
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, Westmoreland Street, London is in very good condition we estimate a sale value of £3,183,850 and rental value of £8,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,819,982 and a rental value of £7,720 per month.
If you were able to purchase this property for the estimated value of £3,032,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £14,903 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, Westmoreland Street, London was last sold on 23 Mar 2010 for £1,875,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2010, the market for similar properties has risen 57.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Westmoreland Street, London within a radius of 76m over the last 2 years.
The most recent example is Flat 2, 20, New Cavendish Street, London, W1G 8TS, a Leasehold flat which sold for £3,625,000 in Oct 2022.
Read more about house prices in W1.
Westmoreland Street, London, W1 has a total of 23 addresses. According to our analysis of all the public data, 3, Westmoreland Street, London is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £1.032m more expensive than the average property in W1.
3, Westmoreland Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 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, Westmoreland Street, London is Bond Street station which is 500 m 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, Westmoreland Street, London, 50.7% of property is privately rented and 34.3% 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, Westmoreland Street, London, 13.3% of residents are recorded as possessing school level qualifications and 78.4% 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, Westmoreland Street, London, the average age was 41 and the most common age was 27.
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, Westmoreland Street, London, 8.8% 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, Westmoreland 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.