According to the public record, 34A , Orsett Terrace, London is a period apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 34, Orsett Terrace, London, W2.
Orsett Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
34A , Orsett Terrace, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2022.
We combine this information with public data 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 34A Orsett Terrace London as £407,533 and the rental value as £1,807 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 34A Orsett Terrace London has increased by £16,616 (4.1%) and its rental value has increased by £105 per month (5.8%).
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 34A , Orsett Terrace, London is in very good condition we estimate a sale value of £427,909 and rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,006 and a rental value of £1,681 per month.
If you were able to purchase this property for the estimated value of £407,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,003 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, 34A , Orsett Terrace, London was last sold on 04 Jan 2002 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34A , Orsett Terrace, London within a radius of 230 metres over the last 2 years.
The most recent example is 61 Westbourne Court, Orsett Terrace, London, W2 6JU, a Leasehold flat which sold for £375,000 in Oct 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 230 metres radius of 34A , Orsett Terrace, London over the last 2 years.
Most recently 9A , Porchester Square, London, W2 6AN, a Leasehold flat let by Fine Living in Aug 2023.
Orsett Terrace, London, W2 has a total of 317 addresses. According to our analysis of all the public data, 34A , Orsett Terrace, London is the 265th largest and the 242nd most expensive property on the street.
When compared to the postcode district it is £707k less expensive than the average property in W2.
34A , Orsett Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 34A , Orsett Terrace, London is Royal Oak station which is 300 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 34A , Orsett Terrace, London, 52.4% of property is privately rented and 26.9% is socially 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 34A , Orsett Terrace, London, 13.0% of residents are recorded as possessing school level qualifications and 71.8% 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 34A , Orsett Terrace, London, the average age was 38.4 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 34A , Orsett Terrace, London, 9.7% 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 34A , Orsett Terrace, 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.