According to the public record, Flat 16, Bishopsbourne 134-136, London is a period leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Bishopsbourne, Westbourne Terrace, London, W2.
Westbourne Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 16, Bishopsbourne 134-136, London has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated October 2020.
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 16 Bishopsbourne 134-136 London as £749,574 and the rental value as £3,152 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 16 Bishopsbourne 134-136 London has increased by £31,240 (4.2%) and its rental value has increased by £182 per month (5.8%).
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 16, Bishopsbourne 134-136, London is in very good condition we estimate a sale value of £787,053 and rental value of £3,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £697,104 and a rental value of £2,932 per month.
If you were able to purchase this property for the estimated value of £749,574, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,684 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 16, Bishopsbourne 134-136, London was last sold on 24 Feb 2021 for £670,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Bishopsbourne 134-136, London within a radius of 250 metres over the last 2 years.
The most recent example is 9E , Orsett Terrace, London, W2 6AJ, a Leasehold flat which sold for £455,000 in May 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 16, Bishopsbourne 134-136, London over the last 2 years.
Most recently Flat 6, 108, Westbourne Terrace, London, W2 6QJ, a Leasehold flat let by Fine Living in Apr 2022.
Westbourne Terrace, London, W2 has a total of 884 addresses. According to our analysis of all the public data, Flat 16, Bishopsbourne 134-136, London is the 481st largest and the 460th most expensive property on the street.
When compared to the postcode district it is £365k less expensive than the average property in W2.
Flat 16, Bishopsbourne 134-136, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2020.
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 16, Bishopsbourne 134-136, London is London Paddington 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 16, Bishopsbourne 134-136, London, 51.5% of property is privately rented and 27.3% is privately owned with a mortgage.
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 16, Bishopsbourne 134-136, London, 18.1% of residents are recorded as possessing school level qualifications and 74.4% 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 16, Bishopsbourne 134-136, 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 16, Bishopsbourne 134-136, London, 5.5% 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 16, Bishopsbourne 134-136, 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.