According to the public record, 32, Lancaster Mews, London is a period house with 2,841 ft2 of internal area and sits on a 98.3 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lancaster Mews, London, W2 is located in the borough of City of Westminster within the W2 postal district.
32, Lancaster Mews, London has no records in the Land Registry database and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 32 Lancaster Mews London as £4,011,860 and the rental value as £14,639 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 32 Lancaster Mews London has increased by £184,690 (4.6%) and its rental value has increased by £912 per month (6.2%).
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 32, Lancaster Mews, London is in very good condition we estimate a sale value of £4,212,453 and rental value of £15,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,731,030 and a rental value of £13,614 per month.
If you were able to purchase this property for the estimated value of £4,011,860, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £19,717 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, 32, Lancaster Mews, London sits on a plot of 98m2.
We have plot size data on 17 out of 24 other houses in the postcode and 32, Lancaster Mews, London sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Lancaster Mews, London within a radius of 190 metres over the last 2 years.
The most recent example is 31, Lancaster Mews, London, W2 3QE, a Freehold house which sold for £3,830,000 in May 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Mews, London, W2 has a total of 60 addresses. According to our analysis of all the public data, 32, Lancaster Mews, London is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £2.898m more expensive than the average property in W2.
32, Lancaster Mews, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas, Air source heat pump, warm air, electric.
The closest station to 32, Lancaster Mews, 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 32, Lancaster Mews, London, 65.8% of property is privately rented and 18.5% 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 32, Lancaster Mews, London, 14.0% of residents are recorded as possessing school level qualifications and 73.8% 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 32, Lancaster Mews, London, the average age was 37.3 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 32, Lancaster Mews, London, 3.8% 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 32, Lancaster Mews, 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.