According to the public record, Flat 12, 70-71 , Princes Square, London is a period leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 70, Princes Square, London, W2.
Princes Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 12, 70-71 , Princes Square, London has 41 entries in the Land Registry database, most recently in May 2007 and a single entry in the EPC database dated September 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 12 70-71 Princes Square London as £579,039 and the rental value as £2,316 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 12 70-71 Princes Square London has increased by £19,492 (3.4%) and its rental value has increased by £114 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 12, 70-71 , Princes Square, London is in very good condition we estimate a sale value of £607,991 and rental value of £2,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,507 and a rental value of £2,154 per month.
If you were able to purchase this property for the estimated value of £579,039, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,846 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 12, 70-71 , Princes Square, London was last sold on 15 May 2007 for £325,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2007, the market for similar properties has risen 53.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 70-71 , Princes Square, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 8, Berrington House , Hereford Road, London, W2 4NU, a Leasehold flat which sold for £750,000 in Apr 2023.
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 within a 250 metres radius of Flat 12, 70-71 , Princes Square, London over the last 2 years.
Most recently Flat 5, 28, Palace Court, London, W2 4HZ, a flat let by Fine Living in Apr 2021.
Princes Square, London, W2 has a total of 218 addresses. According to our analysis of all the public data, Flat 12, 70-71 , Princes Square, London is the 173rd largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £535k less expensive than the average property in W2.
Flat 12, 70-71 , Princes Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Sep 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 12, 70-71 , Princes Square, London is Bayswater station which is 400 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 12, 70-71 , Princes Square, London, 68.5% of property is privately rented and 12.3% 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 12, 70-71 , Princes Square, London, 11.4% of residents are recorded as possessing school level qualifications and 72.9% 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 12, 70-71 , Princes Square, London, the average age was 38.4 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 12, 70-71 , Princes Square, London, 1.0% 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 12, 70-71 , Princes Square, 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.