According to the public record, 4 Lanchester Court, London is a period leasehold apartment with 1,593 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in Lanchester Court, Seymour Street, London, W2.
Seymour Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
4 Lanchester Court, London has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated March 2015.
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 4 Lanchester Court London as £1,932,879 and the rental value as £7,727 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 4 Lanchester Court London has increased by £47,662 (2.5%) and its rental value has increased by £486 per month (6.3%).
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 4 Lanchester Court, London is in very good condition we estimate a sale value of £2,029,523 and rental value of £8,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,797,577 and a rental value of £7,186 per month.
If you were able to purchase this property for the estimated value of £1,932,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,500 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, 4 Lanchester Court, London was last sold on 20 Nov 2020 for £1,820,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Lanchester Court, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 7, Westchester House 70-86, Seymour Street, London, W2 2JG, a Leasehold flat which sold for £2,050,000 in Mar 2019.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seymour Street, London, W2 has a total of 32 addresses. According to our analysis of all the public data, 4 Lanchester Court, London is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £819k more expensive than the average property in W2.
4 Lanchester Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 4 Lanchester Court, London is Marble Arch 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 4 Lanchester Court, London, 58.5% of property is privately rented and 22.0% 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 4 Lanchester Court, London, 22.7% of residents are recorded as possessing school level qualifications and 63.5% 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 4 Lanchester Court, 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 4 Lanchester Court, London, 7.7% 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 4 Lanchester Court, 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.