According to the public record, Flat 2, 14, Stanhope Place, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 873 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 14, Stanhope Place, London, W2.
Stanhope Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 14, Stanhope Place, London has 21 entries in the Land Registry database, most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 14 Stanhope Place London as £1,425,947 and the rental value as £4,485 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat 2 14 Stanhope Place London has increased by £32,558 (2.3%) and its rental value has increased by £273 per month (6.1%).
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 2, 14, Stanhope Place, London is in very good condition we estimate a sale value of £1,497,244 and rental value of £4,709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,326,131 and a rental value of £4,171 per month.
If you were able to purchase this property for the estimated value of £1,425,947, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,008 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 2, 14, Stanhope Place, London was last sold on 07 Feb 2007 for £675,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 78.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 14, Stanhope Place, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 3, 21, Hyde Park Place, London, W2 2LP, a Leasehold flat which sold for £1,380,000 in Aug 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Place, London, W2 has a total of 50 addresses. According to our analysis of all the public data, Flat 2, 14, Stanhope Place, London is the 33rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £312k more expensive than the average property in W2.
The closest station to Flat 2, 14, Stanhope Place, London is Marble Arch 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 2, 14, Stanhope Place, London, 58.5% of property is privately rented and 22.0% 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 2, 14, Stanhope Place, London, 22.7% of residents are recorded as possessing school level qualifications and 63.5% 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 2, 14, Stanhope Place, 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 2, 14, Stanhope Place, London, 7.7% 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 2, 14, Stanhope Place, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.