As updated by Fine Living in Jun 2023, 20B , Porchester Square, London is a period 175 year lease apartment with 516 ft2 of internal area comprising 1 bedroom .
There are 175 years remaining on the lease.
The apartment is in 20, Porchester Square, London, W2.
Porchester Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Based on both the data supplied by Fine Living and the public information available in the area, we estimate the current sale value for 20B Porchester Square London as £558,641 and the rental value as £2,351 per month giving an expected gross yield of 5%.
Fine Living described the decorative condition as fair in Jun 2023.
Over the last 12 months the sale value of 20B Porchester Square London has increased by £21,461 (3.8%) and its rental value has increased by £131 per month (5.6%).
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 20B , Porchester Square, London is in very good condition we estimate a sale value of £586,573 and rental value of £2,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,536 and a rental value of £2,186 per month.
If you were able to purchase this property for the estimated value of £558,641, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,746 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20B , Porchester Square, London within a radius of 230 metres over the last 2 years.
The most recent example is 165C , Porchester Terrace North, London, W2 6BJ, a Leasehold flat which sold for £545,000 in Oct 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets of properties similar to 20B , Porchester Square, London within a radius of 230 metres over the last 2 years.
Most recently 9A , Porchester Square, London, W2 6AN, a Leasehold flat let by Fine Living in Aug 2023.
Porchester Square, London, W2 has a total of 386 addresses. According to our analysis of all the public data, 20B , Porchester Square, London is the 275th largest and the 252nd most expensive property on the street.
When compared to the postcode district it is £556k less expensive than the average property in W2.
20B , Porchester Square, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2023.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 20B , Porchester Square, London is Royal Oak 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 20B , Porchester Square, 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 20B , Porchester Square, 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 20B , Porchester Square, London, the average age was 38.4 and the most common age was 27.
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 20B , Porchester Square, 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 20B , Porchester Square, 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.