According to the public record, Basement Flat, 13, Richmond Way, London is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 13, Richmond Way, London, W12.
Richmond Way, London, W12 is located in the borough of Hammersmith and Fulham within the W12 postal district.
Basement Flat, 13, Richmond Way, London has 3 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated March 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 Basement Flat 13 Richmond Way London as £490,434 and the rental value as £1,931 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Basement Flat 13 Richmond Way London has increased by £6,796 (1.4%) and its rental value has increased by £79 per month (4.1%).
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 Basement Flat, 13, Richmond Way, London is in very good condition we estimate a sale value of £514,956 and rental value of £2,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,104 and a rental value of £1,796 per month.
If you were able to purchase this property for the estimated value of £490,434, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,410 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 Flat, 13, Richmond Way, London was last sold on 03 Nov 2022 for £485,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 13, Richmond Way, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 2, 67, Netherwood Road, London, W14 0BP, a Leasehold flat which sold for £449,000 in May 2024.
Read more about house prices in W12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 270 metres radius of Basement Flat, 13, Richmond Way, London over the last 2 years.
Most recently Flat 55, Shepherds Court, Shepherds Bush Green, London, W12 8PW, a Leasehold flat let by Jorgensen Turner in Dec 2022.
Richmond Way, London, W12 has a total of 102 addresses. According to our analysis of all the public data, Basement Flat, 13, Richmond Way, London is the 69th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in W12.
Basement Flat, 13, Richmond Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2022.
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 Flat, 13, Richmond Way, London is Shepherd's Bush station which is 0 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 Flat, 13, Richmond Way, London, 73.3% of property is privately rented and 19.1% 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 Basement Flat, 13, Richmond Way, London, 13.6% of residents are recorded as possessing school level qualifications and 70.1% 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 Flat, 13, Richmond Way, London, the average age was 36.9 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 Flat, 13, Richmond Way, London, 1.0% 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 Flat, 13, Richmond Way, 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.