According to the public record, Flat 1, 18, Stanhope Terrace, London is a period leasehold apartment with 2,045 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a balcony and garden.
The apartment is in 18, Stanhope Terrace, London, W2.
Stanhope Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 1, 18, Stanhope Terrace, London has 2 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated February 2023.
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 Flat 1 18 Stanhope Terrace London as £2,348,532 and the rental value as £8,538 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 1 18 Stanhope Terrace London has increased by £103,411 (4.4%) and its rental value has increased by £569 per month (6.7%).
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 Flat 1, 18, Stanhope Terrace, London is in very good condition we estimate a sale value of £2,465,959 and rental value of £8,965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,184,135 and a rental value of £7,941 per month.
If you were able to purchase this property for the estimated value of £2,348,532, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,542 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, Flat 1, 18, Stanhope Terrace, London was last sold on 24 Feb 2016 for £2,330,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 18, Stanhope Terrace, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 28, Sussex Lodge, Sussex Place, London, W2 2SQ, a Leasehold flat which sold for £2,125,000 in Mar 2018.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Terrace, London, W2 has a total of 43 addresses. According to our analysis of all the public data, Flat 1, 18, Stanhope Terrace, London is the 5th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £1.234m more expensive than the average property in W2.
Flat 1, 18, Stanhope Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2023.
The property is connected to mains gas and has some double glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 1, 18, Stanhope Terrace, London is Lancaster Gate station which is 300 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 Flat 1, 18, Stanhope Terrace, London, 46.6% of property is privately rented and 31.0% is privately owned outright.
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 Flat 1, 18, Stanhope Terrace, London, 27.5% of residents are recorded as possessing school level qualifications and 61.5% 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 Flat 1, 18, Stanhope Terrace, London, the average age was 37.1 and the most common age was 22.
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 Flat 1, 18, Stanhope Terrace, London, 10.7% 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 Flat 1, 18, Stanhope Terrace, 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.