According to the public record, Flat 1, 56, Westbourne Terrace, London is a period leasehold apartment with 1,593 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a garden.
The apartment is in 56, Westbourne Terrace, London, W2.
Westbourne Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 1, 56, Westbourne Terrace, London has a single entry in the Land Registry database from June 2007 and a single entry in the EPC database dated February 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 56 Westbourne Terrace London as £2,050,733 and the rental value as £7,369 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 1 56 Westbourne Terrace London has increased by £105,922 (5.2%) and its rental value has increased by £503 per month (6.8%).
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, 56, Westbourne Terrace, London is in very good condition we estimate a sale value of £2,153,269 and rental value of £7,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,907,181 and a rental value of £6,853 per month.
If you were able to purchase this property for the estimated value of £2,050,733, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £10,079 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, 56, Westbourne Terrace, London was last sold on 29 Jun 2007 for £910,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 66.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 56, Westbourne Terrace, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 5, 109, Gloucester Terrace, London, W2 3HB, a Leasehold flat which sold for £1,950,000 in Oct 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westbourne Terrace, London, W2 has a total of 884 addresses. According to our analysis of all the public data, Flat 1, 56, Westbourne Terrace, London is the 35th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £936k more expensive than the average property in W2.
Flat 1, 56, Westbourne Terrace, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 56, Westbourne Terrace, London is London Paddington station which is 200 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, 56, Westbourne Terrace, London, 61.2% of property is privately rented and 17.1% is privately owned with a mortgage.
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, 56, Westbourne Terrace, London, 18.7% of residents are recorded as possessing school level qualifications and 66.9% 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, 56, Westbourne Terrace, 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, 56, Westbourne Terrace, London, 1.8% 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, 56, Westbourne 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.