According to the public record, Flat 106, Peninsula Apartments 4, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Peninsula Apartments, Praed Street, London, W2.
Praed Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 106, Peninsula Apartments 4, London has 21 entries in the Land Registry database, most recently in February 2007 and a single entry in the EPC database dated April 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 106 Peninsula Apartments 4 London as £560,163 and the rental value as £2,266 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 106 Peninsula Apartments 4 London has increased by £15,753 (2.8%) and its rental value has increased by £111 per month (4.9%).
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 106, Peninsula Apartments 4, London is in very good condition we estimate a sale value of £588,171 and rental value of £2,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,952 and a rental value of £2,107 per month.
If you were able to purchase this property for the estimated value of £560,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,753 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 106, Peninsula Apartments 4, London was last sold on 05 Feb 2007 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 61.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 106, Peninsula Apartments 4, London within a radius of 240 metres over the last 2 years.
The most recent example is 713, Westcliffe Apartments 1, South Wharf Road, London, W2 1JD, a Leasehold flat which sold for £650,000 in Oct 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 106, Peninsula Apartments 4, London within a radius of 240 metres over the last 2 years.
Most recently Flat 50, Cambridge Court, Sussex Gardens, London, W2 1EX, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Praed Street, London, W2 has a total of 503 addresses. According to our analysis of all the public data, Flat 106, Peninsula Apartments 4, London is the 430th largest and the 400th most expensive property on the street.
When compared to the postcode district it is £554k less expensive than the average property in W2.
Flat 106, Peninsula Apartments 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
The closest station to Flat 106, Peninsula Apartments 4, London is Edgware Road 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 106, Peninsula Apartments 4, London, 46.4% of property is privately rented and 16.1% is shared ownership.
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 106, Peninsula Apartments 4, London, 25.2% of residents are recorded as possessing school level qualifications and 65.6% 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 106, Peninsula Apartments 4, London, the average age was 37.1 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 106, Peninsula Apartments 4, London, 4.4% 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 106, Peninsula Apartments 4, 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.