According to the public record, Apartment 301, Acre House 72, London is a period leasehold apartment with 1,840 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Acre House, Long Acre, London, WC2.
Long Acre, London, WC2 is located in the borough of City of Westminster within the WC2 postal district.
Apartment 301, Acre House 72, London has a single entry in the Land Registry database from April 2013 and a single entry in the EPC database dated April 2021.
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 301 Acre House 72 London as £3,879,611 and the rental value as £10,770 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Apartment 301 Acre House 72 London has increased by £132,786 (3.4%) and its rental value has increased by £1083 per month (10.1%).
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 301, Acre House 72, London is in very good condition we estimate a sale value of £4,073,591 and rental value of £11,308 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,608,038 and a rental value of £10,016 per month.
If you were able to purchase this property for the estimated value of £3,879,611, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £19,067 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 301, Acre House 72, London was last sold on 18 Apr 2013 for £2,500,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2013, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 301, Acre House 72, London within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 5.02, 25-37 , Parker Street, London, WC2B 5AN, a Leasehold flat which sold for £5,495,000 in Feb 2022.
Read more about house prices in WC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Long Acre, London, WC2 has a total of 114 addresses. According to our analysis of all the public data, Apartment 301, Acre House 72, London is the 12th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £2.646m more expensive than the average property in WC2.
Apartment 301, Acre House 72, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Apartment 301, Acre House 72, London is Covent Garden station which is 200 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 301, Acre House 72, London, 44.2% of property is privately rented and 27.9% 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 Apartment 301, Acre House 72, London, 16.4% of residents are recorded as possessing school level qualifications and 57.6% 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 301, Acre House 72, 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 301, Acre House 72, London, 5.8% 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 301, Acre House 72, 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.