As updated by Andrea & Co in Apr 2023, 803 Westgate House, London is a modern leasehold apartment with 705 ft2 of internal area comprising 2 bedrooms with a balcony and roof terrace.
There are 122 years remaining on the lease.
The apartment is in Westgate House, West Gate, London, W5.
West Gate, London, W5 is located in the borough of Ealing within the W5 postal district.
Based on both the data supplied by Andrea & Co and the public information available in the area, we estimate the current sale value for 803 Westgate House London as £500,560 and the rental value as £2,379 per month giving an expected gross yield of 5.7%.
Andrea & Co described the decorative condition as fair in Apr 2023.
Over the last 12 months the sale value of 803 Westgate House London has decreased by £3,158 (0.6%) and its rental value has increased by £39 per month (1.6%).
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 803 Westgate House, London is in very good condition we estimate a sale value of £525,588 and rental value of £2,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,521 and a rental value of £2,213 per month.
If you were able to purchase this property for the estimated value of £500,560, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,460 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, 803 Westgate House, London was last sold on 24 Jun 2021 for £661,550 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has dropped 0.1%
According to Andrea & Co , 803 Westgate House, London was let once since 2021 with the latest being in Mar 2023 for an undisclosed price.
Since Mar 2023, the market values of similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 0m radius of 803 Westgate House, London over the last 2 years.
The most recent example is 74 Westgate House, West Gate, London, W5 1AY, a Leasehold flat which sold for £416,500 in Sep 2023.
Read more about house prices in W5.
Our network of Estate Agents report 1 let within a 0m radius of 803 Westgate House, London over the last 2 years.
Most recently 804 Westgate House, West Gate, London, W5 1BP, a Leasehold flat let by Andrea & Co for an undisclosed amount in Mar 2023.
West Gate, London, W5 has a total of 384 addresses. According to our analysis of all the public data, 803 Westgate House, London is the 53rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in W5.
The closest station to 803 Westgate House, London is Hanger Lane station which is 200 m 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 803 Westgate House, London, 58.0% of property is privately rented and 18.2% 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 803 Westgate House, London, 18.3% of residents are recorded as possessing school level qualifications and 40.9% 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 803 Westgate House, London, the average age was 37.7 and the most common age was 42.
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 803 Westgate House, London, 0.6% 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 803 Westgate House, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.