According to the public record, Apartment 2, 5, Peter Street, London is a modern leasehold apartment and with 904 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Peter Street, London, W1.
Peter Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Apartment 2, 5, Peter Street, London has 2 entries in the Land Registry database, most recently in June 2021 and 2 entries in the EPC database, most recently in September 2019.
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 2 5 Peter Street London as £1,307,284 and the rental value as £4,415 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Apartment 2 5 Peter Street London has increased by £941 (0.1%) and its rental value has increased by £291 per month (6.6%).
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 Apartment 2, 5, Peter Street, London is in very good condition we estimate a sale value of £1,372,648 and rental value of £4,636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,215,774 and a rental value of £4,106 per month.
If you were able to purchase this property for the estimated value of £1,307,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,425 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, 5, Peter Street, London was last sold on 28 Jun 2021 for £1,125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 5, Peter Street, London within a radius of 75m over the last 2 years.
The most recent example is Flat 10, 12, Bourchier Street, London, W1D 4HZ, a Leasehold flat which sold for £1,198,392 in May 2023.
Read more about house prices in W1.
Peter Street, London, W1 has a total of 47 addresses. According to our analysis of all the public data, Apartment 2, 5, Peter Street, London is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £693k less expensive than the average property in W1.
Apartment 2, 5, Peter Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 2, 5, Peter Street, London is Piccadilly Circus 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 Apartment 2, 5, Peter Street, London, 52.3% of property is socially rented and 23.0% 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 Apartment 2, 5, Peter Street, London, 24.6% of residents are recorded as possessing school level qualifications and 49.3% 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, 5, Peter Street, London, the average age was 37.9 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, 5, Peter Street, London, 3.4% 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, 5, Peter Street, 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.