According to the public record, Apartment 7, Chambers House 9, London is a period leasehold apartment with 1,356 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Chambers House, Broad Court, London, WC2.
Broad Court, London, WC2 is located in the borough of City of Westminster within the WC2 postal district.
Apartment 7, Chambers House 9, London has a single entry in the Land Registry database from March 2012 and a single entry in the EPC database dated September 2022.
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 7 Chambers House 9 London as £2,481,003 and the rental value as £7,318 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Apartment 7 Chambers House 9 London has increased by £84,916 (3.4%) and its rental value has increased by £736 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 7, Chambers House 9, London is in very good condition we estimate a sale value of £2,605,053 and rental value of £7,683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,307,333 and a rental value of £6,805 per month.
If you were able to purchase this property for the estimated value of £2,481,003, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £12,193 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 7, Chambers House 9, London was last sold on 29 Mar 2012 for £1,700,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2012, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 7, Chambers House 9, London within a radius of 260 metres over the last 2 years.
The most recent example is Apartment 41, 145, Drury Lane, London, WC2B 5TA, a Leasehold flat which sold for £2,210,000 in Jul 2016.
Read more about house prices in WC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Court, London, WC2 has a total of 50 addresses. According to our analysis of all the public data, Apartment 7, Chambers House 9, London is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.248m more expensive than the average property in WC2.
Apartment 7, Chambers House 9, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric, Air source heat pump, underfloor, electric.
The closest station to Apartment 7, Chambers House 9, London is Covent Garden station which is 100 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 7, Chambers House 9, London, 52.6% of property is privately rented and 19.5% 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 7, Chambers House 9, London, 42.1% of residents are recorded as possessing school level qualifications and 67.6% 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 7, Chambers House 9, 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 7, Chambers House 9, London, 2.9% 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 7, Chambers House 9, 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.