According to the public record, Flat 10, 24, Market Place, London is a modern leasehold apartment and with 2,615 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in 24, Market Place, London, W1.
Market Place, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 10, 24, Market Place, London has a single entry in the Land Registry database from May 2006 and 3 entries in the EPC database, most recently in October 2022.
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 10 24 Market Place London as £4,040,949 and the rental value as £13,403 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Flat 10 24 Market Place London has decreased by £52,111 (1.3%) and its rental value has increased by £683 per month (5.1%).
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, 24, Market Place, London is in very good condition we estimate a sale value of £4,242,997 and rental value of £14,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,758,083 and a rental value of £12,465 per month.
If you were able to purchase this property for the estimated value of £4,040,949, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £19,860 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, 24, Market Place, London was last sold on 22 May 2006 for £1,900,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 10, 24, Market Place, London within a radius of 288m over the last 2 years.
The most recent example is Apartment 33, 16, Marshall Street, London, W1F 7BE, a Leasehold flat which sold for £2,250,000 in Jul 2011.
Read more about house prices in W1.
Our network of Estate Agents report 1 let within a 261m radius of Flat 10, 24, Market Place, 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.
Market Place, London, W1 has a total of 14 addresses. According to our analysis of all the public data, Flat 10, 24, Market Place, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £2.041m more expensive than the average property in W1.
Flat 10, 24, Market Place, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2022.
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 10, 24, Market Place, London is Oxford Circus station which is 100 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, 24, Market Place, 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 10, 24, Market Place, 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 10, 24, Market Place, 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, 24, Market Place, 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 10, 24, Market Place, 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.