According to the public record, Flat 16A, Lanark Mansions , London is a period leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lanark Mansions, Pennard Road, London, W12.
Pennard Road, London, W12 is located in the borough of Hammersmith and Fulham within the W12 postal district.
Flat 16A, Lanark Mansions , London has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated May 2016.
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 16A Lanark Mansions London as £505,143 and the rental value as £2,214 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 16A Lanark Mansions London has increased by £1,326 (0.3%) and its rental value has increased by £90 per month (4.1%).
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 16A, Lanark Mansions , London is in very good condition we estimate a sale value of £530,400 and rental value of £2,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,783 and a rental value of £2,059 per month.
If you were able to purchase this property for the estimated value of £505,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,483 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 16A, Lanark Mansions , London was last sold on 13 Jul 2017 for £585,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has dropped 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16A, Lanark Mansions , London within a radius of 280 metres over the last 2 years.
The most recent example is Flat B, 20, Shepherds Bush Road, London, W6 7PJ, a Leasehold flat which sold for £475,000 in Jul 2023.
Read more about house prices in W12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Flat 16A, Lanark Mansions , London within a radius of 280 metres over the last 2 years.
Most recently Flat 4, 76, Pennard Road, London, W12 8DS, a Leasehold flat let by Jorgensen Turner in Aug 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennard Road, London, W12 has a total of 141 addresses. According to our analysis of all the public data, Flat 16A, Lanark Mansions , London is the 104th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in W12.
Flat 16A, Lanark Mansions , London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2016.
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 16A, Lanark Mansions , London is Goldhawk 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 16A, Lanark Mansions , London, 67.4% of property is privately rented and 14.0% 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 16A, Lanark Mansions , London, 12.3% of residents are recorded as possessing school level qualifications and 62.2% 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 16A, Lanark Mansions , London, the average age was 36.2 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 16A, Lanark Mansions , London, 2.0% 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 16A, Lanark Mansions , 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.