According to the public record, Flat 2, 18, Mount Street, London is a period leasehold apartment with 2,438 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in 18, Mount Street, London, W1.
Mount Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 2, 18, Mount Street, London has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated October 2008.
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 2 18 Mount Street London as £5,664,582 and the rental value as £13,358 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Flat 2 18 Mount Street London has decreased by £46,877 (0.8%) and its rental value has increased by £707 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 2, 18, Mount Street, London is in very good condition we estimate a sale value of £5,947,811 and rental value of £14,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £5,268,061 and a rental value of £12,423 per month.
If you were able to purchase this property for the estimated value of £5,664,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £27,840 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, 18, Mount Street, London was last sold on 31 Mar 2016 for £6,300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has dropped 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 18, Mount Street, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 63, Fountain House, Park Street, London, W1K 7HQ, a Leasehold flat which sold for £5,750,000 in Jan 2018.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mount Street, London, W1 has a total of 182 addresses. According to our analysis of all the public data, Flat 2, 18, Mount Street, London is the 30th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £3.665m more expensive than the average property in W1.
Flat 2, 18, Mount Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2008.
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 2, 18, Mount Street, London is Bond Street (Elizabeth line) station which is 500 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, 18, Mount Street, London, 48.9% of property is privately rented and 32.6% 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, 18, Mount Street, London, 5.4% of residents are recorded as possessing school level qualifications and 67.5% 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, 18, Mount Street, London, the average age was 39.5 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, 18, Mount Street, London, 11.6% 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 2, 18, Mount Street, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.