According to the public record, Apartment 1, 226, Strand, London is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 226, Strand, London, WC2.
Strand, London, WC2 is located in the borough of City of Westminster within the WC2 postal district.
Apartment 1, 226, Strand, London has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated August 2017.
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 Apartment 1 226 Strand London as £588,765 and the rental value as £2,047 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Apartment 1 226 Strand London has increased by £15,243 (2.6%) and its rental value has increased by £188 per month (9.2%).
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 Apartment 1, 226, Strand, London is in very good condition we estimate a sale value of £618,203 and rental value of £2,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,551 and a rental value of £1,904 per month.
If you were able to purchase this property for the estimated value of £588,765, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,894 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, Apartment 1, 226, Strand, London was last sold on 10 Jul 2018 for £625,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, 226, Strand, London within a radius of 510 metres over the last 2 years.
The most recent example is Apartment 304, Marconi House 335, Strand, London, WC2R 1HA, a Leasehold flat which sold for £625,000 in Aug 2023.
Read more about house prices in WC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 510 metres radius of Apartment 1, 226, Strand, London over the last 2 years.
Most recently Apartment E7, 1-6, Dyer's Buildings, London, EC1N 2JT, a Leasehold flat let by Saint Andrews Bureau in Apr 2024.
Strand, London, WC2 has a total of 455 addresses. According to our analysis of all the public data, Apartment 1, 226, Strand, London is the 442nd largest and the 431st most expensive property on the street.
When compared to the postcode district it is £645k less expensive than the average property in WC2.
Apartment 1, 226, Strand, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2017.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
The closest station to Apartment 1, 226, Strand, London is Temple 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 Apartment 1, 226, Strand, London, 64.6% of property is privately rented and 25.0% 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 Apartment 1, 226, Strand, London, 11.7% of residents are recorded as possessing school level qualifications and 61.4% 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 Apartment 1, 226, Strand, London, the average age was 39.5 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 Apartment 1, 226, Strand, London, 1.8% 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 Apartment 1, 226, Strand, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.