According to the public record, 57D , Hereford Road, London is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 57, Hereford Road, London, W2.
Hereford Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
57D , Hereford Road, London has 4 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated December 2021.
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 57D Hereford Road London as £605,666 and the rental value as £1,860 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 57D Hereford Road London has increased by £17,844 (2.9%) and its rental value has increased by £90 per month (4.9%).
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 57D , Hereford Road, London is in very good condition we estimate a sale value of £635,950 and rental value of £1,953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £563,270 and a rental value of £1,729 per month.
If you were able to purchase this property for the estimated value of £605,666, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,977 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, 57D , Hereford Road, London was last sold on 24 Jan 2023 for £575,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57D , Hereford Road, London within a radius of 210 metres over the last 2 years.
The most recent example is 69E , Hereford Road, London, W2 5BB, a Leasehold flat which sold for £650,000 in Jun 2021.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hereford Road, London, W2 has a total of 434 addresses. According to our analysis of all the public data, 57D , Hereford Road, London is the 406th largest and the 405th most expensive property on the street.
When compared to the postcode district it is £509k less expensive than the average property in W2.
57D , Hereford Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 57D , Hereford Road, London is Royal Oak station which is 500 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 57D , Hereford Road, London, 47.4% of property is socially rented and 25.0% 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 57D , Hereford Road, London, 15.8% of residents are recorded as possessing school level qualifications and 61.2% 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 57D , Hereford Road, 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 57D , Hereford Road, London, 4.0% 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 57D , Hereford 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.