As updated by Jorgensen Turner in Aug 2024, 22C, Ormiston Grove, London is a period 100 year lease apartment with 709 ft2 of internal area comprising 2 bedrooms .
There are 100 years remaining on the lease.
The apartment is in 22, Ormiston Grove, London, W12.
Ormiston Grove, London, W12 is located in the borough of Hammersmith and Fulham within the W12 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 22C Ormiston Grove London as £525,866 and the rental value as £2,161 per month giving an expected gross yield of 4.9%.
Jorgensen Turner described the decorative condition as fair in Aug 2024.
Over the last 12 months the sale value of 22C Ormiston Grove London has decreased by £654 (0.1%) and its rental value has increased by £87 per month (4.0%).
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 22C, Ormiston Grove, London is in very good condition we estimate a sale value of £552,159 and rental value of £2,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,056 and a rental value of £2,010 per month.
If you were able to purchase this property for the estimated value of £525,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,584 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, 22C, Ormiston Grove, London was last sold on 05 Mar 2002 for £169,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22C, Ormiston Grove, London within a radius of 260 metres over the last 2 years.
The most recent example is 76A, Ormiston Grove, London, W12 0JS, a Leasehold flat under offer by Jorgensen Turner in Aug 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 of properties similar to 22C, Ormiston Grove, London within a radius of 260 metres over the last 2 years.
Most recently Flat 3, 127, Coningham Road, London, W12 8BU, a Leasehold flat let by Jorgensen Turner in Aug 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormiston Grove, London, W12 has a total of 189 addresses. According to our analysis of all the public data, 22C, Ormiston Grove, London is the 125th largest and the 141st most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in W12.
22C, Ormiston Grove, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 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 22C, Ormiston Grove, London is Shepherd's Bush Market station which is 700 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 22C, Ormiston Grove, London, 38.8% of property is privately rented and 33.8% 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 22C, Ormiston Grove, London, 20.8% of residents are recorded as possessing school level qualifications and 54.6% 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 22C, Ormiston Grove, London, the average age was 35.5 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 22C, Ormiston Grove, 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 22C, Ormiston Grove, 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.