According to the public record, 7, Albion Street, London is a period freehold house with 2,454 ft2 of internal area and sits on a 78.8 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Albion Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
7, Albion Street, London has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated December 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 7 Albion Street London as £3,899,632 and the rental value as £14,549 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 7 Albion Street London has increased by £75,612 (1.9%) and its rental value has increased by £835 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 7, Albion Street, London is in very good condition we estimate a sale value of £4,094,613 and rental value of £15,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,626,658 and a rental value of £13,530 per month.
If you were able to purchase this property for the estimated value of £3,899,632, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £19,165 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, 7, Albion Street, London sits on a plot of 79m2.
We have plot size data on 14 out of 21 other houses in the postcode and 7, Albion Street, London sits on the 14th largest plot.
According to HM Land Registry, 7, Albion Street, London was last sold on 08 Jun 2022 for £4,175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Albion Street, London within a radius of 290 metres over the last 2 years.
The most recent example is 4, Albion Street, London, W2 2AS, a Freehold house which sold for £4,250,000 in Mar 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, 7, Albion Street, London is the 28th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £2.785m more expensive than the average property in W2.
7, Albion Street, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Dec 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, 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 7, 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 7, 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 7, 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 7, 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 7, 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.