According to the public record, Flat 1, St. James House 15-16, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in St. James House, Picton Place, London, W1.
Picton Place, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 1, St. James House 15-16, London has a single entry in the Land Registry database from March 2023 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 St. James House 15-16 London as £1,476,946 and the rental value as £4,565 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Flat 1 St. James House 15-16 London has decreased by £9,385 (0.6%) and its rental value has increased by £263 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, St. James House 15-16, London is in very good condition we estimate a sale value of £1,550,794 and rental value of £4,794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,373,560 and a rental value of £4,246 per month.
If you were able to purchase this property for the estimated value of £1,476,946, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,259 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, St. James House 15-16, London was last sold on 24 Mar 2023 for £1,035,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, St. James House 15-16, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 5, 25, James Street, London, W1U 1DH, a Leasehold flat which sold for £850,000 in Apr 2012.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Picton Place, London, W1 has a total of 57 addresses. According to our analysis of all the public data, Flat 1, St. James House 15-16, London is the 24th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £523k less expensive than the average property in W1.
The closest station to Flat 1, St. James House 15-16, London is Bond Street 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, St. James House 15-16, London, 72.6% of property is privately rented and 10.2% is socially 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, St. James House 15-16, London, 17.7% of residents are recorded as possessing school level qualifications and 68.1% 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, St. James House 15-16, London, the average age was 41 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, St. James House 15-16, London, 3.8% 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, St. James House 15-16, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.