As updated by Jorgensen Turner in Feb 2024, 177C, Lanark Road, London is a period share of freehold apartment with 508 ft2 of internal area comprising 2 bedrooms .
The apartment is in 177, Lanark Road, London, W9.
Lanark Road, London, W9 is located in the borough of City of Westminster within the W9 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for 177C Lanark Road London as £528,384 and the rental value as £2,170 per month giving an expected gross yield of 4.9%.
Jorgensen Turner described the decorative condition as fair in Feb 2024.
Over the last 12 months the sale value of 177C Lanark Road London has decreased by £5,989 (1.1%) and its rental value has increased by £82 per month (3.8%).
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 177C, Lanark Road, London is in very good condition we estimate a sale value of £554,803 and rental value of £2,279 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,397 and a rental value of £2,018 per month.
If you were able to purchase this property for the estimated value of £528,384, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,597 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, 177C, Lanark Road, London was last sold on 25 Jun 2004 for £240,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to Jorgensen Turner , 177C, Lanark Road, London was let once since 2021 with the latest being in Feb 2021 for an undisclosed price.
Since Feb 2021, the market values of similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 177C, Lanark Road, London within a radius of 47m over the last 2 years.
The most recent example is 171B, Lanark Road, London, W9 1NX, a Leasehold flat which sold for £500,000 in Jul 2022.
Read more about house prices in W9.
Our network of Estate Agents report 1 let of a property similar to 177C, Lanark Road, London within a radius of 183m over the last 2 years.
Most recently 262B , Randolph Avenue, London, W9 1PF, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Aug 2022.
Lanark Road, London, W9 has a total of 283 addresses. According to our analysis of all the public data, 177C, Lanark Road, London is the 251st largest and the 266th most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in W9.
177C, Lanark Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 177C, Lanark Road, London is Maida Vale station which is 200 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 177C, Lanark Road, London, 45.9% of property is socially rented and 33.8% 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 177C, Lanark Road, London, 28.5% of residents are recorded as possessing school level qualifications and 37.1% 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 177C, Lanark Road, London, the average age was 36.8 and the most common age was 32.
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 177C, Lanark Road, London, 2.5% 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 177C, Lanark Road, 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.