According to the public record, Flat 11, 43-48, St. Michaels Street, London is a period leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 43-48, St. Michaels Street, London, W2.
St. Michaels Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 11, 43-48, St. Michaels Street, London has 21 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated September 2023.
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 11 43-48 St. Michaels Street London as £492,448 and the rental value as £2,113 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 11 43-48 St. Michaels Street London has increased by £13,728 (2.8%) and its rental value has increased by £112 per month (5.3%).
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 11, 43-48, St. Michaels Street, London is in very good condition we estimate a sale value of £517,070 and rental value of £2,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,977 and a rental value of £1,965 per month.
If you were able to purchase this property for the estimated value of £492,448, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,420 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 11, 43-48, St. Michaels Street, London was last sold on 27 Jun 2014 for £545,088 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2014, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, 43-48, St. Michaels Street, London within a radius of 250 metres over the last 2 years.
The most recent example is 107, Westcliffe Apartments 1, South Wharf Road, London, W2 1JB, a Leasehold flat which sold for £493,000 in Jul 2021.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Michaels Street, London, W2 has a total of 102 addresses. According to our analysis of all the public data, Flat 11, 43-48, St. Michaels Street, London is the 92nd largest and the 80th most expensive property on the street.
When compared to the postcode district it is £622k less expensive than the average property in W2.
Flat 11, 43-48, St. Michaels Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Sep 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 11, 43-48, St. Michaels Street, London is Paddington 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 11, 43-48, St. Michaels Street, London, 43.4% of property is socially rented and 37.7% 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 11, 43-48, St. Michaels Street, London, 13.4% of residents are recorded as possessing school level qualifications and 45.2% 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 11, 43-48, St. Michaels Street, 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 11, 43-48, St. Michaels Street, London, 1.6% 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 11, 43-48, St. Michaels Street, 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.