According to the public record, 32 Sussex Court, London is a early-century leasehold apartment with 205 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in Sussex Court, Spring Street, London, W2.
Spring Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
32 Sussex Court, London has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated November 2011.
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 32 Sussex Court London as £242,025 and the rental value as £1,070 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 32 Sussex Court London has increased by £9,435 (3.9%) and its rental value has increased by £60 per month (5.6%).
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 32 Sussex Court, London is in very good condition we estimate a sale value of £254,126 and rental value of £1,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,083 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £242,025, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,189 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, 32 Sussex Court, London was last sold on 09 Jul 2023 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32 Sussex Court, London within a radius of 250 metres over the last 2 years.
The most recent example is 42 Sussex Court, Spring Street, London, W2 1JF, a Leasehold flat which sold for £200,000 in Oct 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Street, London, W2 has a total of 120 addresses. According to our analysis of all the public data, 32 Sussex Court, London is the 119th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £872k less expensive than the average property in W2.
32 Sussex Court, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 32 Sussex Court, London is Paddington station which is 100 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 Sussex Court, London, 68.6% of property is privately rented and 18.3% 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 32 Sussex Court, London, 26.6% of residents are recorded as possessing school level qualifications and 73.5% 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 32 Sussex Court, 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 Sussex Court, London, 4.3% 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 32 Sussex Court, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.