According to the public record, Flat 1, 9, Hanover Street, London is a modern leasehold apartment and with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 9, Hanover Street, London, W1.
Hanover Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 1, 9, Hanover Street, London has 2 entries in the Land Registry database, most recently in September 2021 and 2 entries in the EPC database, most recently in April 2024.
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 9 Hanover Street London as £1,820,763 and the rental value as £5,041 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Flat 1 9 Hanover Street London has decreased by £8,951 (0.5%) and its rental value has increased by £300 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, 9, Hanover Street, London is in very good condition we estimate a sale value of £1,911,801 and rental value of £5,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,693,310 and a rental value of £4,688 per month.
If you were able to purchase this property for the estimated value of £1,820,763, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,948 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, 9, Hanover Street, London was last sold on 30 Sep 2021 for £1,900,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 9, Hanover Street, London within a radius of 136m over the last 2 years.
The most recent example is Flat 4, 9, Hanover Street, London, W1S 1YQ, a Leasehold flat which sold for £1,940,817 in Feb 2014.
Read more about house prices in W1.
Hanover Street, London, W1 has a total of 20 addresses. According to our analysis of all the public data, Flat 1, 9, Hanover Street, London is the 16th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in W1.
Flat 1, 9, Hanover Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, warm air, electric.
The closest station to Flat 1, 9, Hanover Street, London is Oxford Circus station which is 200 m 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, 9, Hanover Street, London, 46.2% of property is privately rented and 22.0% 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, 9, Hanover Street, London, 16.0% of residents are recorded as possessing school level qualifications and 75.2% 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, 9, Hanover 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, 9, Hanover Street, London, 0.7% 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, 9, Hanover Street, 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.