According to the public record, 240E , Gloucester Terrace, London is a period apartment with 876 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 240, Gloucester Terrace, London, W2.
Gloucester Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
240E , Gloucester Terrace, London has no records in the Land Registry database and a single entry in the EPC database dated February 2010.
We combine this information with public data 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 240E Gloucester Terrace London as £717,983 and the rental value as £3,037 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 240E Gloucester Terrace London has increased by £30,393 (4.2%) and its rental value has increased by £182 per month (6.0%).
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 240E , Gloucester Terrace, London is in very good condition we estimate a sale value of £753,882 and rental value of £3,188 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £667,724 and a rental value of £2,824 per month.
If you were able to purchase this property for the estimated value of £717,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,529 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 240E , Gloucester Terrace, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 253, The Colonnades 34, Porchester Square, London, W2 6AT, a Leasehold flat which sold for £880,000 in Aug 2019.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 260 metres radius of 240E , Gloucester Terrace, London over the last 2 years.
Most recently 9A , Porchester Square, London, W2 6AN, a Leasehold flat let by Fine Living in Aug 2023.
Gloucester Terrace, London, W2 has a total of 1259 addresses. According to our analysis of all the public data, 240E , Gloucester Terrace, London is the 230th largest and the 518th most expensive property on the street.
When compared to the postcode district it is £396k less expensive than the average property in W2.
240E , Gloucester Terrace, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Feb 2010.
The property is connected to mains gas and has single glazed windows. It is heated using warm air.
The closest station to 240E , Gloucester Terrace, London is Royal Oak station which is 100 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 240E , Gloucester Terrace, London, 41.9% of property is privately rented and 40.3% 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 240E , Gloucester Terrace, London, 25.0% of residents are recorded as possessing school level qualifications and 57.1% 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 240E , Gloucester Terrace, 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 240E , Gloucester Terrace, London, 0.4% 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 240E , Gloucester Terrace, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.