According to the public record, Flat 1, 55, Hereford Road, London is a period leasehold apartment with 1,280 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 55, Hereford Road, London, W2.
Hereford Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 1, 55, Hereford Road, London has a single entry in the Land Registry database from March 2006 and a single entry in the EPC database dated September 2019.
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 55 Hereford Road London as £2,141,410 and the rental value as £6,030 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Flat 1 55 Hereford Road London has increased by £84,030 (3.9%) and its rental value has increased by £353 per month (5.8%).
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, 55, Hereford Road, London is in very good condition we estimate a sale value of £2,248,480 and rental value of £6,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,991,511 and a rental value of £5,608 per month.
If you were able to purchase this property for the estimated value of £2,141,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £10,524 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, 55, Hereford Road, London was last sold on 31 Mar 2006 for £800,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 55, Hereford Road, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 7, St. Stephens Mansions 1, Monmouth Road, London, W2 5SE, a Leasehold flat which sold for £1,683,200 in Nov 2023.
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, Flat 1, 55, Hereford Road, London is the 97th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £1.027m more expensive than the average property in W2.
Flat 1, 55, Hereford Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 55, 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 Flat 1, 55, 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 Flat 1, 55, 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 Flat 1, 55, 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 Flat 1, 55, 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 Flat 1, 55, 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.