According to the public record, Apartment 4, 8, Maddox Street, London is a modern leasehold apartment and with 1,345 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 8, Maddox Street, London, W1.
Maddox Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Apartment 4, 8, Maddox Street, London has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated December 2014.
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 4 8 Maddox Street London as £3,327,457 and the rental value as £7,590 per month giving an expected gross yield of 2.7%.
Over the last 12 months the sale value of Apartment 4 8 Maddox Street London has decreased by £3,411 (0.1%) and its rental value has increased by £483 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 4, 8, Maddox Street, London is in very good condition we estimate a sale value of £3,493,830 and rental value of £7,970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,094,535 and a rental value of £7,059 per month.
If you were able to purchase this property for the estimated value of £3,327,457, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £16,353 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 4, 8, Maddox Street, London was last sold on 26 Nov 2015 for £3,600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has dropped 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4, 8, Maddox Street, London within a radius of 426m over the last 2 years.
The most recent example is Flat 2, Grosvenor Hill Court 15, Bourdon Street, London, W1K 3PX, a Leasehold flat which sold for £2,875,000 in Feb 2022.
Read more about house prices in W1.
Maddox Street, London, W1 has a total of 89 addresses. According to our analysis of all the public data, Apartment 4, 8, Maddox Street, London is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.328m more expensive than the average property in W1.
Apartment 4, 8, Maddox Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2014.
The property is not connected to mains gas and has multiple glazing throughout. It is heated using a community scheme.
The closest station to Apartment 4, 8, Maddox Street, London is Oxford Circus station which is 200 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 4, 8, Maddox Street, London, 46.2% of property is privately rented and 22.0% 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 4, 8, Maddox Street, London, 16.0% of residents are recorded as possessing school level qualifications and 75.2% 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 4, 8, Maddox 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 4, 8, Maddox Street, London, 0.7% 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 Apartment 4, 8, Maddox Street, 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.