According to the public record, Flat 10, 12, Bourchier Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 829 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Bourchier Street, London, W1.
Bourchier Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 10, 12, Bourchier Street, London has 61 entries in the Land Registry database, most recently in May 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 10 12 Bourchier Street London as £1,279,851 and the rental value as £4,330 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Flat 10 12 Bourchier Street London has decreased by £4,348 (0.3%) and its rental value has increased by £267 per month (6.2%).
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 10, 12, Bourchier Street, London is in very good condition we estimate a sale value of £1,343,843 and rental value of £4,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,190,261 and a rental value of £4,027 per month.
If you were able to purchase this property for the estimated value of £1,279,851, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,290 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 10, 12, Bourchier Street, London was last sold on 17 May 2023 for £1,198,392 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since May 2023, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, 12, Bourchier Street, London within a radius of 98m over the last 2 years.
The most recent example is Flat 14, 12, Bourchier Street, London, W1D 4HZ, a Leasehold flat which sold for £1,198,392 in May 2023.
Read more about house prices in W1.
Bourchier Street, London, W1 has a total of 26 addresses. According to our analysis of all the public data, Flat 10, 12, Bourchier Street, London is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £720k less expensive than the average property in W1.
The closest station to Flat 10, 12, Bourchier Street, London is Leicester Square station which is 400 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 10, 12, Bourchier Street, London, 52.3% of property is socially rented and 23.0% is privately 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 10, 12, Bourchier Street, London, 24.6% of residents are recorded as possessing school level qualifications and 49.3% 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 10, 12, Bourchier 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 10, 12, Bourchier Street, London, 3.4% 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 10, 12, Bourchier Street, 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.