According to the public record, 54 Riven Court, Inverness Terrace, London is a period leasehold apartment with 1,399 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Inverness Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
54 Riven Court, Inverness Terrace, London has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated March 2021.
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 Riven Court Inverness Terrace London as £1,303,474 and the rental value as £5,254 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 54 Riven Court Inverness Terrace London has increased by £66,340 (5.1%) and its rental value has increased by £349 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 54 Riven Court, Inverness Terrace, London is in very good condition we estimate a sale value of £1,368,648 and rental value of £5,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,212,231 and a rental value of £4,886 per month.
If you were able to purchase this property for the estimated value of £1,303,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,406 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 Riven Court, Inverness Terrace, London was last sold on 29 Jun 2021 for £1,600,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54 Riven Court, Inverness Terrace, London within a radius of 210 metres over the last 2 years.
The most recent example is 42, Porchester Square, London, W2 6AW, a Leasehold flat which sold for £1,187,500 in Sep 2021.
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 210 metres radius of 54 Riven Court, Inverness Terrace, London over the last 2 years.
Most recently Flat 121, Arthur Court, Queensway, London, W2 5HP, a Leasehold flat let by Fine Living in Feb 2023.
Inverness Terrace, London, W2 has a total of 717 addresses. According to our analysis of all the public data, 54 Riven Court, Inverness Terrace, London is the 41st largest and the 85th most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in W2.
54 Riven Court, Inverness Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 2021.
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 54 Riven Court, Inverness Terrace, London is Royal Oak station which is 400 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 Riven Court, Inverness Terrace, London, 73.3% of property is privately rented and 19.2% 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 Riven Court, Inverness Terrace, London, 23.3% of residents are recorded as possessing school level qualifications and 66.8% 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 Riven Court, Inverness Terrace, London, the average age was 37.5 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 Riven Court, Inverness Terrace, London, 1.6% 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 Riven Court, Inverness Terrace, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.