According to the public record, Flat 107, The Colonnades 34, London is a mid-century leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in The Colonnades, Porchester Square, London, W2.
Porchester Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 107, The Colonnades 34, London has 2 entries in the Land Registry database, most recently in February 2008 and a single entry in the EPC database dated February 2019.
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 107 The Colonnades 34 London as £851,462 and the rental value as £3,587 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 107 The Colonnades 34 London has increased by £28,342 (3.3%) and its rental value has increased by £182 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 107, The Colonnades 34, London is in very good condition we estimate a sale value of £894,035 and rental value of £3,767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £791,859 and a rental value of £3,336 per month.
If you were able to purchase this property for the estimated value of £851,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,185 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 107, The Colonnades 34, London was last sold on 01 Feb 2008 for £650,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2008, the market for similar properties has risen 50.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 107, The Colonnades 34, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 126, The Colonnades 34, Porchester Square, London, W2 6AP, a Leasehold flat which sold for £735,000 in May 2024.
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 3 lets within a 200 metres radius of Flat 107, The Colonnades 34, London over the last 2 years.
Most recently 9A , Porchester Square, London, W2 6AN, a Leasehold flat let by Fine Living in Aug 2023.
Porchester Square, London, W2 has a total of 386 addresses. According to our analysis of all the public data, Flat 107, The Colonnades 34, London is the 45th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in W2.
Flat 107, The Colonnades 34, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2019.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 107, The Colonnades 34, London is Royal Oak station which is 300 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 107, The Colonnades 34, London, 64.4% of property is privately rented and 20.2% 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 107, The Colonnades 34, London, 19.9% of residents are recorded as possessing school level qualifications and 71.9% 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 107, The Colonnades 34, London, the average age was 37.5 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 107, The Colonnades 34, London, 1.5% 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 107, The Colonnades 34, 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.