As updated by Saint Andrews Bureau in Aug 2023, Apartment 910, Westmark Tower 1, London is a modern leasehold apartment with 462 ft2 of internal area comprising 1 bedroom with a balcony.
There are 995 years remaining on the lease.
The apartment is in Westmark Tower, Newcastle Place, London, W2.
Newcastle Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Apartment 910 Westmark Tower 1 London as £779,292 and the rental value as £2,735 per month giving an expected gross yield of 4.2%.
Saint Andrews Bureau described the decorative condition as good in Aug 2023.
Over the last 12 months the sale value of Apartment 910 Westmark Tower 1 London has increased by £13,532 (1.7%) and its rental value has increased by £129 per month (4.7%).
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 910, Westmark Tower 1, London is in very good condition we estimate a sale value of £818,256 and rental value of £2,871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £724,741 and a rental value of £2,543 per month.
If you were able to purchase this property for the estimated value of £779,292, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,830 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 Saint Andrews Bureau , Apartment 910, Westmark Tower 1, London was let once since 2021 with the latest being in Aug 2023 for an undisclosed price.
Since Aug 2023, the market values of similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 910, Westmark Tower 1, London within a radius of 181m over the last 2 years.
The most recent example is Apartment 2, Asquith House 1, Segrave Walk, London, W2 1BN, a Leasehold flat which sold for £615,000 in Feb 2023.
Read more about house prices in W2.
Our network of Estate Agents report 2 lets within a 65m radius of Apartment 910, Westmark Tower 1, London over the last 2 years.
Most recently Apartment 2206, Westmark Tower 1, Newcastle Place, London, W2 1BW, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Jun 2023.
Newcastle Place, London, W2 has a total of 297 addresses. According to our analysis of all the public data, Apartment 910, Westmark Tower 1, London is the 297th largest and the 297th most expensive property on the street.
When compared to the postcode district it is £335k less expensive than the average property in W2.
Apartment 910, Westmark Tower 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 910, Westmark Tower 1, London is Edgware Road station which is 100 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 910, Westmark Tower 1, London, 67.4% of property is socially rented and 22.3% 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 910, Westmark Tower 1, London, 26.3% of residents are recorded as possessing school level qualifications and 34.5% 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 910, Westmark Tower 1, London, the average age was 37 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 910, Westmark Tower 1, London, 0.2% 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 910, Westmark Tower 1, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.