According to the public record, 56, Addison Road, London is a period freehold house with 3,067 ft2 of internal area and sits on a 299 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Addison Road, London, W14 is located in the borough of Kensington and Chelsea within the W14 postal district.
56, Addison Road, London has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated September 2012.
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 56 Addison Road London as £6,996,217 and the rental value as £16,046 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of 56 Addison Road London has increased by £237,766 (3.4%) and its rental value has increased by £652 per month (4.1%).
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 56, Addison Road, London is in very good condition we estimate a sale value of £7,346,028 and rental value of £16,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £6,506,482 and a rental value of £14,923 per month.
If you were able to purchase this property for the estimated value of £6,996,217, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £34,384 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 data from HM Land Registry, 56, Addison Road, London sits on a plot of 299m2.
We have plot size data on 10 out of 14 other houses in the postcode and 56, Addison Road, London sits on the 8th largest plot.
According to HM Land Registry, 56, Addison Road, London was last sold on 21 Feb 2014 for £4,872,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Addison Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 59, Addison Road, London, W14 8JJ, a Freehold house which sold for £5,850,000 in Feb 2022.
Read more about house prices in W14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addison Road, London, W14 has a total of 168 addresses. According to our analysis of all the public data, 56, Addison Road, London is the 40th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £5.97m more expensive than the average property in W14.
56, Addison Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2012.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 56, Addison Road, London is Kensington Olympia station which is 200 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 56, Addison Road, London, 36.8% of property is privately owned outright and 34.7% is privately rented.
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 56, Addison Road, London, 21.2% of residents are recorded as possessing school level qualifications and 64.2% 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 56, Addison Road, London, the average age was 39.2 and the most common age was 37.
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 56, Addison Road, London, 8.2% 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 56, Addison Road, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.