According to the public record, 72, Sussex Square, London is a mid-century leasehold apartment with 2,012 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Sussex Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
72, Sussex Square, London has 41 entries in the Land Registry database, most recently in March 2015 and a single entry in the EPC database dated November 2014.
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 72 Sussex Square London as £2,706,354 and the rental value as £9,080 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 72 Sussex Square London has increased by £109,629 (4.1%) and its rental value has increased by £572 per month (6.3%).
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 72, Sussex Square, London is in very good condition we estimate a sale value of £2,841,672 and rental value of £9,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,516,909 and a rental value of £8,444 per month.
If you were able to purchase this property for the estimated value of £2,706,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £13,301 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, 72, Sussex Square, London was last sold on 04 Mar 2015 for £4,500,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2015, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Sussex Square, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 28, Sussex Lodge, Sussex Place, London, W2 2SQ, a Leasehold flat which sold for £2,125,000 in Mar 2018.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sussex Square, London, W2 has a total of 82 addresses. According to our analysis of all the public data, 72, Sussex Square, London is the 18th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £1.592m more expensive than the average property in W2.
72, Sussex Square, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 72, Sussex Square, London is Lancaster Gate 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 72, Sussex Square, London, 41.4% of property is privately rented and 33.7% 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 72, Sussex Square, London, 15.9% of residents are recorded as possessing school level qualifications and 63.1% 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 72, Sussex Square, 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 72, Sussex Square, London, 4.5% 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 72, Sussex Square, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.