According to the public record, 324A, Portobello Road, London is a period leasehold apartment and with 1,188 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 324, Portobello Road, London, W10.
Portobello Road, London, W10 is located in the borough of Kensington and Chelsea within the W10 postal district.
324A, Portobello Road, London has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated November 2009.
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 324A Portobello Road London as £1,482,047 and the rental value as £5,271 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 324A Portobello Road London has decreased by £2,015 (0.1%) and its rental value has increased by £143 per month (2.7%).
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 324A, Portobello Road, London is in very good condition we estimate a sale value of £1,556,149 and rental value of £5,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,378,304 and a rental value of £4,902 per month.
If you were able to purchase this property for the estimated value of £1,482,047, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,284 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, 324A, Portobello Road, London was last sold on 04 Feb 2022 for £1,975,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 324A, Portobello Road, London within a radius of 167m over the last 2 years.
The most recent example is Flat 3, 247, Ladbroke Grove, London, W10 6HF, a Leasehold flat which sold for £1,220,000 in Aug 2023.
Read more about house prices in W10.
Portobello Road, London, W10 has a total of 249 addresses. According to our analysis of all the public data, 324A, Portobello Road, London is the 40th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £763k more expensive than the average property in W10.
324A, Portobello Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Nov 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 324A, Portobello Road, London is Ladbroke Grove station which is 400 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 324A, Portobello Road, London, 50.6% of property is socially rented and 31.3% 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 324A, Portobello Road, London, 17.2% of residents are recorded as possessing school level qualifications and 43.2% 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 324A, Portobello Road, London, the average age was 38 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 324A, Portobello Road, London, 1.2% 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 324A, Portobello Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.