According to the public record, Flat 2, 2, Chepstow Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,364 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Chepstow Road, London, W2.
Chepstow Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 2, Chepstow Road, London has 21 entries in the Land Registry database, most recently in December 2008 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 2 Chepstow Road London as £1,846,698 and the rental value as £6,049 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Flat 2 2 Chepstow Road London has increased by £67,655 (3.7%) and its rental value has increased by £327 per month (5.4%).
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, 2, Chepstow Road, London is in very good condition we estimate a sale value of £1,939,033 and rental value of £6,352 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,717,429 and a rental value of £5,626 per month.
If you were able to purchase this property for the estimated value of £1,846,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,076 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, 2, Chepstow Road, London was last sold on 11 Dec 2008 for £1,560,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2008, the market for similar properties has risen 73.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Chepstow Road, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 12, 29, Hereford Road, London, W2 4TF, a Leasehold flat which sold for £1,650,000 in Dec 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chepstow Road, London, W2 has a total of 286 addresses. According to our analysis of all the public data, Flat 2, 2, Chepstow Road, London is the 39th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £732k more expensive than the average property in W2.
The closest station to Flat 2, 2, Chepstow Road, London is Royal Oak station which is 600 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, 2, Chepstow Road, London, 41.1% of property is privately rented and 29.8% 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, 2, Chepstow Road, London, 24.8% of residents are recorded as possessing school level qualifications and 63.8% 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, 2, Chepstow Road, 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 2, 2, Chepstow Road, London, 4.9% 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, 2, Chepstow Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.