According to the public record, Flat 2, 4, Meard Street, London is a period leasehold apartment and with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Meard Street, London, W1.
Meard Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 2, 4, Meard Street, London has 21 entries in the Land Registry database, most recently in August 2011 and 3 entries in the EPC database, most recently in March 2022.
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 4 Meard Street London as £830,353 and the rental value as £3,019 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 2 4 Meard Street London has increased by £598 (0.1%) and its rental value has increased by £199 per month (6.6%).
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, 4, Meard Street, London is in very good condition we estimate a sale value of £871,871 and rental value of £3,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £772,228 and a rental value of £2,807 per month.
If you were able to purchase this property for the estimated value of £830,353, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,081 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, 4, Meard Street, London was last sold on 22 Aug 2011 for £499,995 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2011, the market for similar properties has risen 33.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 4, Meard Street, London within a radius of 153m over the last 2 years.
The most recent example is Flat 1, 4, Meard Street, London, W1F 0EF, a Leasehold flat which sold for £875,000 in Jan 2023.
Read more about house prices in W1.
Meard Street, London, W1 has a total of 37 addresses. According to our analysis of all the public data, Flat 2, 4, Meard Street, London is the 33rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £1.17m less expensive than the average property in W1.
Flat 2, 4, Meard Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2022.
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, 4, Meard Street, London is Tottenham Court Road (Elizabeth line) station which is 400 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, 4, Meard Street, London, 52.3% of property is socially rented and 23.0% is privately rented.
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, 4, Meard Street, London, 24.6% of residents are recorded as possessing school level qualifications and 49.3% 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, 4, Meard 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, 4, Meard Street, London, 3.4% 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, 4, Meard Street, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.