According to the public record, Flat 2, 24, Rathbone Street, London is a modern leasehold apartment and with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 24, Rathbone Street, London, W1.
Rathbone Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 2, 24, Rathbone Street, London has 31 entries in the Land Registry database, most recently in June 2016 and 2 entries in the EPC database, most recently in January 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 2 24 Rathbone Street London as £1,192,680 and the rental value as £4,020 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Flat 2 24 Rathbone Street London has increased by £6,301 (0.5%) and its rental value has increased by £285 per month (7.1%).
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, 24, Rathbone Street, London is in very good condition we estimate a sale value of £1,252,314 and rental value of £4,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,109,192 and a rental value of £3,738 per month.
If you were able to purchase this property for the estimated value of £1,192,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,862 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, 24, Rathbone Street, London was last sold on 16 Jun 2016 for £1,261,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2016, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 24, Rathbone Street, London within a radius of 227m over the last 2 years.
The most recent example is Apartment 304, 6, Pearson Square, London, W1T 3BJ, a Leasehold flat which sold for £1,380,000 in Jun 2023.
Read more about house prices in W1.
Our network of Estate Agents report 1 let within a 220m radius of Flat 2, 24, Rathbone Street, London over the last 2 years.
Most recently Flat 13, St. Andrews Chambers , Wells Street, London, W1T 3PJ, a Leasehold flat let by Your Home Managed for an undisclosed amount in Feb 2024.
Rathbone Street, London, W1 has a total of 50 addresses. According to our analysis of all the public data, Flat 2, 24, Rathbone Street, London is the 23rd largest and the 15th most expensive property on the street.
When compared to the postcode district it is £807k less expensive than the average property in W1.
Flat 2, 24, Rathbone Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 2, 24, Rathbone Street, London is Goodge Street station which is 200 m 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, 24, Rathbone Street, London, 64.3% of property is privately rented and 19.6% 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, 24, Rathbone Street, London, 20.8% of residents are recorded as possessing school level qualifications and 76.5% 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, 24, Rathbone Street, London, the average age was 37.9 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, 24, Rathbone Street, London, 4.6% 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, 24, Rathbone Street, 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.