According to the public record, 24C , Alexander Street, London is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 24, Alexander Street, London, W2.
Alexander Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
24C , Alexander Street, London has 41 entries in the Land Registry database, most recently in March 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 24C Alexander Street London as £1,370,790 and the rental value as £3,810 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 24C Alexander Street London has increased by £50,421 (3.7%) and its rental value has increased by £200 per month (5.3%).
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 24C , Alexander Street, London is in very good condition we estimate a sale value of £1,439,330 and rental value of £4,000 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,274,835 and a rental value of £3,543 per month.
If you were able to purchase this property for the estimated value of £1,370,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,737 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, 24C , Alexander Street, London was last sold on 04 Mar 2022 for £1,083,631 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2022, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24C , Alexander Street, London within a radius of 210 metres over the last 2 years.
The most recent example is Second Floor Flat, 48, Chepstow Road, London, W2 5BE, a Leasehold flat which sold for £610,000 in Jul 2018.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexander Street, London, W2 has a total of 107 addresses. According to our analysis of all the public data, 24C , Alexander Street, London is the 66th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £257k more expensive than the average property in W2.
24C , Alexander Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 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 24C , Alexander Street, London is Royal Oak station which is 400 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 24C , Alexander Street, London, 35.1% of property is privately owned outright and 26.9% 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 24C , Alexander Street, London, 19.3% of residents are recorded as possessing school level qualifications and 73.7% 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 24C , Alexander Street, 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 24C , Alexander Street, London, 10.1% 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 24C , Alexander Street, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.