According to the public record, Flat 1, 2, Gilbert Street, London is a mid-century leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Gilbert Street, London, W1.
Gilbert Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 1, 2, Gilbert Street, London has 51 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated November 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 2 Gilbert Street London as £1,593,048 and the rental value as £5,363 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Flat 1 2 Gilbert Street London has decreased by £9,152 (0.6%) and its rental value has increased by £314 per month (5.9%).
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 Flat 1, 2, Gilbert Street, London is in very good condition we estimate a sale value of £1,672,701 and rental value of £5,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,481,535 and a rental value of £4,988 per month.
If you were able to purchase this property for the estimated value of £1,593,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,829 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, 2, Gilbert Street, London was last sold on 07 Apr 2017 for £1,950,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2017, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Gilbert Street, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 9, 2, Picton Place, London, W1U 1BH, a Leasehold flat which sold for £1,780,000 in Dec 2016.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gilbert Street, London, W1 has a total of 128 addresses. According to our analysis of all the public data, Flat 1, 2, Gilbert Street, London is the 15th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £407k less expensive than the average property in W1.
Flat 1, 2, Gilbert Street, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Nov 2023.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
The closest station to Flat 1, 2, Gilbert Street, London is Bond Street 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 Flat 1, 2, Gilbert Street, London, 65.1% of property is privately rented and 20.9% 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, 2, Gilbert Street, London, 16.5% of residents are recorded as possessing school level qualifications and 72.4% 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, 2, Gilbert Street, London, the average age was 37.9 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, 2, Gilbert Street, London, 3.0% 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 Flat 1, 2, Gilbert Street, 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.