According to the public record, Flat 1, Lancaster Court 36-38 , London is a period leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Lancaster Court, Newman Street, London, W1.
Newman Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 1, Lancaster Court 36-38 , London has 21 entries in the Land Registry database, most recently in December 2015 and 2 entries in the EPC database, most recently in July 2021.
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 Lancaster Court 36-38 London as £1,005,587 and the rental value as £3,608 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 1 Lancaster Court 36-38 London has increased by £11,172 (1.1%) and its rental value has increased by £278 per month (7.7%).
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, Lancaster Court 36-38 , London is in very good condition we estimate a sale value of £1,055,866 and rental value of £3,788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £935,196 and a rental value of £3,355 per month.
If you were able to purchase this property for the estimated value of £1,005,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,942 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, Lancaster Court 36-38 , London was last sold on 02 Dec 2015 for £900,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has dropped 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Lancaster Court 36-38 , London within a radius of 228m over the last 2 years.
The most recent example is Flat 3, 13, Tottenham Street, London, W1T 2AH, a Leasehold flat which sold for £960,000 in May 2024.
Read more about house prices in W1.
Our network of Estate Agents report 1 let within a 182m radius of Flat 1, Lancaster Court 36-38 , London over the last 2 years.
Most recently Flat 13, St. Andrews Chambers , Wells Street, London, W1T 3PJ, a Leasehold flat let by Your Home Managed for an undisclosed amount in Feb 2024.
Newman Street, London, W1 has a total of 202 addresses. According to our analysis of all the public data, Flat 1, Lancaster Court 36-38 , London is the 75th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £994k less expensive than the average property in W1.
Flat 1, Lancaster Court 36-38 , London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2021.
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, Lancaster Court 36-38 , London is Goodge Street station which is 300 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, Lancaster Court 36-38 , London, 64.3% of property is privately rented and 19.6% 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, Lancaster Court 36-38 , London, 20.8% of residents are recorded as possessing school level qualifications and 76.5% 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, Lancaster Court 36-38 , 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, Lancaster Court 36-38 , London, 4.6% 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, Lancaster Court 36-38 , 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.