According to the public record, 365, The Water Gardens, London is a mid-century leasehold apartment with 1,485 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The Water Gardens, London, W2 is located in the borough of City of Westminster within the W2 postal district.
365, The Water Gardens, London has a single entry in the Land Registry database from December 2016 and a single entry in the EPC database dated August 2016.
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 365 The Water Gardens London as £1,182,463 and the rental value as £4,766 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 365 The Water Gardens London has increased by £43,222 (3.7%) and its rental value has increased by £316 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 365, The Water Gardens, London is in very good condition we estimate a sale value of £1,241,586 and rental value of £5,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,099,690 and a rental value of £4,433 per month.
If you were able to purchase this property for the estimated value of £1,182,463, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,811 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, 365, The Water Gardens, London was last sold on 21 Dec 2016 for £1,435,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2016, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 365, The Water Gardens, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 121, Devonport 23, Southwick Street, London, W2 2QH, a Leasehold flat which sold for £1,515,000 in Nov 2020.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 230 metres radius of 365, The Water Gardens, London over the last 2 years.
Most recently Flat 50, Cambridge Court, Sussex Gardens, London, W2 1EX, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
The Water Gardens, London, W2 has a total of 249 addresses. According to our analysis of all the public data, 365, The Water Gardens, London is the 34th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in W2.
365, The Water Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2016.
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 365, The Water Gardens, London is Edgware Road 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 365, The Water Gardens, London, 54.2% of property is privately rented and 24.3% 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 365, The Water Gardens, London, 24.2% of residents are recorded as possessing school level qualifications and 61.2% 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 365, The Water Gardens, 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 365, The Water Gardens, London, 1.3% 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 365, The Water Gardens, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.