According to the public record, Apartment 703, Marconi House 335, London is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Marconi House, Strand, London, WC2.
Strand, London, WC2 is located in the borough of City of Westminster within the WC2 postal district.
Apartment 703, Marconi House 335, London has a single entry in the Land Registry database from February 2013 and a single entry in the EPC database dated August 2012.
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 703 Marconi House 335 London as £583,321 and the rental value as £2,342 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Apartment 703 Marconi House 335 London has increased by £15,103 (2.6%) and its rental value has increased by £215 per month (9.2%).
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 703, Marconi House 335, London is in very good condition we estimate a sale value of £612,487 and rental value of £2,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,488 and a rental value of £2,178 per month.
If you were able to purchase this property for the estimated value of £583,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,867 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 703, Marconi House 335, London was last sold on 07 Feb 2013 for £659,050 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2013, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 703, Marconi House 335, London within a radius of 420 metres over the last 2 years.
The most recent example is Apartment 304, Marconi House 335, Strand, London, WC2R 1HA, a Leasehold flat which sold for £625,000 in Aug 2023.
Read more about house prices in WC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Strand, London, WC2 has a total of 455 addresses. According to our analysis of all the public data, Apartment 703, Marconi House 335, London is the 423rd largest and the 437th most expensive property on the street.
When compared to the postcode district it is £650k less expensive than the average property in WC2.
Apartment 703, Marconi House 335, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Apartment 703, Marconi House 335, London is Temple station which is 300 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 703, Marconi House 335, London, 64.6% of property is privately rented and 25.0% 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 703, Marconi House 335, London, 11.7% of residents are recorded as possessing school level qualifications and 61.4% 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 703, Marconi House 335, 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 703, Marconi House 335, London, 1.8% 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 703, Marconi House 335, 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.