According to the public record, 54 Maitland Court, Lancaster Terrace, London is a early-century leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 41-86, Lancaster Terrace, London, W2.
Lancaster Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
54 Maitland Court, Lancaster Terrace, London has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated March 2019.
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 54 Maitland Court Lancaster Terrace London as £1,014,040 and the rental value as £3,981 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 54 Maitland Court Lancaster Terrace London has increased by £44,687 (4.4%) and its rental value has increased by £244 per month (6.1%).
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 54 Maitland Court, Lancaster Terrace, London is in very good condition we estimate a sale value of £1,064,742 and rental value of £4,180 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £943,058 and a rental value of £3,702 per month.
If you were able to purchase this property for the estimated value of £1,014,040, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,984 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, 54 Maitland Court, Lancaster Terrace, London was last sold on 11 Dec 2019 for £935,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54 Maitland Court, Lancaster Terrace, London within a radius of 260 metres over the last 2 years.
The most recent example is 51 Maitland Court, Lancaster Terrace, London, W2 3PE, a Leasehold flat which sold for £1,100,000 in Sep 2020.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Terrace, London, W2 has a total of 107 addresses. According to our analysis of all the public data, 54 Maitland Court, Lancaster Terrace, London is the 42nd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in W2.
54 Maitland Court, Lancaster Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2019.
The property is not connected to mains gas and has mostly double glazing. It is heated using a community scheme.
The closest station to 54 Maitland Court, Lancaster Terrace, London is Lancaster Gate 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 54 Maitland Court, Lancaster Terrace, London, 72.0% of property is privately rented and 16.8% 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 54 Maitland Court, Lancaster Terrace, London, 31.9% of residents are recorded as possessing school level qualifications and 72.9% 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 54 Maitland Court, Lancaster Terrace, 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 54 Maitland Court, Lancaster Terrace, 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 54 Maitland Court, Lancaster Terrace, 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.