According to the public record, Apartment 2, 10, Frederick Close, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,290 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 10, Frederick Close, London, W2.
Frederick Close, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Apartment 2, 10, Frederick Close, London has a single entry in the Land Registry database from March 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 2 10 Frederick Close London as £1,932,438 and the rental value as £6,100 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Apartment 2 10 Frederick Close London has increased by £49,065 (2.5%) and its rental value has increased by £388 per month (6.4%).
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 2, 10, Frederick Close, London is in very good condition we estimate a sale value of £2,029,060 and rental value of £6,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,797,167 and a rental value of £5,673 per month.
If you were able to purchase this property for the estimated value of £1,932,438, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,497 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 2, 10, Frederick Close, London was last sold on 09 Mar 2021 for £2,176,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 10, Frederick Close, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 4, 32, Connaught Square, London, W2 2HL, a Leasehold flat which sold for £2,130,000 in Jan 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frederick Close, London, W2 has a total of 20 addresses. According to our analysis of all the public data, Apartment 2, 10, Frederick Close, London is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £818k more expensive than the average property in W2.
The closest station to Apartment 2, 10, Frederick Close, London is Marble Arch station which is 400 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 2, 10, Frederick Close, London, 43.0% of property is privately rented and 36.6% 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 Apartment 2, 10, Frederick Close, London, 15.8% of residents are recorded as possessing school level qualifications and 80.1% 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 Apartment 2, 10, Frederick Close, 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 Apartment 2, 10, Frederick Close, London, 10.6% 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 Apartment 2, 10, Frederick Close, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.