According to the public record, Basement, 38, Porchester Terrace, London is a mid-century Leasehold apartment with 941 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 38, Porchester Terrace, London, W2.
Porchester Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Basement, 38, Porchester Terrace, London has 31 entries in the Land Registry database, most recently in September 2013 and a single entry in the EPC database dated October 2010.
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 Basement 38 Porchester Terrace London as £896,453 and the rental value as £3,873 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Basement 38 Porchester Terrace London has increased by £42,868 (4.8%) and its rental value has increased by £248 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 Basement, 38, Porchester Terrace, London is in very good condition we estimate a sale value of £941,276 and rental value of £4,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £833,701 and a rental value of £3,602 per month.
If you were able to purchase this property for the estimated value of £896,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,406 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, Basement, 38, Porchester Terrace, London was last sold on 26 Sep 2013 for £8,000,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2013, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement, 38, Porchester Terrace, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 28, Corringham 13-16, Craven Hill Gardens, London, W2 3EH, a Leasehold flat which sold for £825,000 in Feb 2024.
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 within a 210 metres radius of Basement, 38, Porchester Terrace, London over the last 2 years.
Most recently Flat 6, 46, Inverness Terrace, London, W2 3JA, a Leasehold flat let by Jorgensen Turner in Jun 2024.
Porchester Terrace, London, W2 has a total of 180 addresses. According to our analysis of all the public data, Basement, 38, Porchester Terrace, London is the 132nd largest and the 148th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in W2.
Basement, 38, Porchester Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Basement, 38, Porchester Terrace, London is Bayswater 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 Basement, 38, Porchester Terrace, London, 55.9% of property is privately rented and 19.7% 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 Basement, 38, Porchester Terrace, London, 20.0% of residents are recorded as possessing school level qualifications and 64.5% 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 Basement, 38, Porchester Terrace, London, the average age was 37.5 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 Basement, 38, Porchester Terrace, London, 4.2% 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 Basement, 38, Porchester Terrace, 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.