As updated by Jorgensen Turner in Feb 2022, 58, Ormiston Grove, London is a early-century leasehold apartment with a share of the freehold and with 742 ft2 of internal area comprising 2 bedrooms with a garden.
The apartment is in 58, Ormiston Grove, London, W12.
Ormiston Grove, London, W12 is located in the borough of Hammersmith and Fulham within the W12 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for 58 Ormiston Grove London as £582,204 and the rental value as £2,657 per month giving an expected gross yield of 5.5%.
Jorgensen Turner described the decorative condition as fair in Feb 2022.
Over the last 12 months the sale value of 58 Ormiston Grove London has increased by £2,004 (0.3%) and its rental value has increased by £120 per month (4.5%).
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 58, Ormiston Grove, London is in very good condition we estimate a sale value of £611,314 and rental value of £2,790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,449 and a rental value of £2,471 per month.
If you were able to purchase this property for the estimated value of £582,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,861 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 Jorgensen Turner , 58, Ormiston Grove, London was let once since 2021 with the latest being in Mar 2022 for an undisclosed price.
Since Mar 2022, the market values of similar properties has risen 21.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Ormiston Grove, London within a radius of 270 metres over the last 2 years.
The most recent example is 60, Ormiston Grove, London, W12 0JS, a Leasehold flat which sold for £627,000 in Feb 2023.
Read more about house prices in W12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 58, Ormiston Grove, London within a radius of 270 metres over the last 2 years.
Most recently 54A, Ormiston Grove, London, W12 0JS, a Leasehold flat let by Jorgensen Turner in Jul 2024.
Ormiston Grove, London, W12 has a total of 189 addresses. According to our analysis of all the public data, 58, Ormiston Grove, London is the 116th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in W12.
58, Ormiston Grove, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 58, Ormiston Grove, London is Shepherd's Bush Market station which is 800 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 58, Ormiston Grove, London, 50.4% of property is privately rented and 21.3% is privately owned with a mortgage.
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 58, Ormiston Grove, London, 14.1% of residents are recorded as possessing school level qualifications and 62.8% 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 58, Ormiston Grove, London, the average age was 35.5 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 58, Ormiston Grove, London, 1.0% 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 58, Ormiston Grove, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.