According to the public record, Flat 1, 8, Monmouth Place, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,377 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 8, Monmouth Place, London, W2.
Monmouth Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 1, 8, Monmouth Place, London has 41 entries in the Land Registry database, most recently in April 2017 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 8 Monmouth Place London as £2,027,660 and the rental value as £6,452 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat 1 8 Monmouth Place London has increased by £88,525 (4.4%) and its rental value has increased by £384 per month (6.0%).
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, 8, Monmouth Place, London is in very good condition we estimate a sale value of £2,129,043 and rental value of £6,775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,885,723 and a rental value of £6,000 per month.
If you were able to purchase this property for the estimated value of £2,027,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,965 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, 8, Monmouth Place, London was last sold on 11 Apr 2017 for £2,350,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2017, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 8, Monmouth Place, London within a radius of 200 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.
Monmouth Place, London, W2 has a total of 22 addresses. According to our analysis of all the public data, Flat 1, 8, Monmouth Place, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £913k more expensive than the average property in W2.
The closest station to Flat 1, 8, Monmouth Place, 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, 8, Monmouth Place, London, 52.0% of property is privately rented and 21.3% 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, 8, Monmouth Place, London, 16.7% of residents are recorded as possessing school level qualifications and 73.5% 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, 8, Monmouth Place, 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, 8, Monmouth Place, London, 6.4% 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, 8, Monmouth Place, 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.