According to the public record, 5, Albion Street, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,604 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Albion Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
5, Albion Street, London has 31 entries in the Land Registry database, most recently in November 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Albion Street London as £4,556,991 and the rental value as £16,202 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 5 Albion Street London has increased by £88,358 (1.9%) and its rental value has increased by £930 per month (5.7%).
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 5, Albion Street, London is in very good condition we estimate a sale value of £4,784,840 and rental value of £17,012 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £4,238,001 and a rental value of £15,068 per month.
If you were able to purchase this property for the estimated value of £4,556,991, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £22,396 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, 5, Albion Street, London was last sold on 24 Nov 2006 for £2,050,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Albion Street, London within a radius of 300 metres over the last 2 years.
The most recent example is 7, Albion Street, London, W2 2AS, a Freehold house which sold for £4,175,000 in Jun 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Street, London, W2 has a total of 84 addresses. According to our analysis of all the public data, 5, Albion Street, London is the 21st largest and the 9th most expensive property on the street.
When compared to the postcode district it is £3.443m more expensive than the average property in W2.
The closest station to 5, Albion Street, London is Marble Arch station which is 600 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 5, Albion Street, London, 37.6% of property is privately rented and 35.6% 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 5, Albion Street, London, 22.1% of residents are recorded as possessing school level qualifications and 63.4% 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 5, Albion Street, 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 5, Albion Street, London, 6.1% 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 5, Albion Street, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.