According to the public record, Flat 1, 29-31 , Craven Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 705 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 29-31, Craven Road, London, W2.
Craven Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 1, 29-31 , Craven Road, London has 21 entries in the Land Registry database, most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 29-31 Craven Road London as £805,037 and the rental value as £3,447 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 29-31 Craven Road London has increased by £39,070 (4.9%) and its rental value has increased by £224 per month (6.5%).
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, 29-31 , Craven Road, London is in very good condition we estimate a sale value of £845,288 and rental value of £3,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £748,684 and a rental value of £3,206 per month.
If you were able to purchase this property for the estimated value of £805,037, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,957 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, 29-31 , Craven Road, London was last sold on 13 Mar 2007 for £385,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 66.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 29-31 , Craven Road, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 1, 17, Devonshire Terrace, London, W2 3DW, a Leasehold flat which sold for £640,000 in Mar 2024.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Craven Road, London, W2 has a total of 94 addresses. According to our analysis of all the public data, Flat 1, 29-31 , Craven Road, London is the 53rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £309k less expensive than the average property in W2.
The closest station to Flat 1, 29-31 , Craven Road, 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, 29-31 , Craven Road, London, 65.8% of property is privately rented and 18.5% 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, 29-31 , Craven Road, London, 14.0% of residents are recorded as possessing school level qualifications and 73.8% 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, 29-31 , Craven Road, London, the average age was 37.3 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 Flat 1, 29-31 , Craven Road, London, 3.8% 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, 29-31 , Craven 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.