According to the public record, Flat 2, 7, Montagu Square, London is a period leasehold apartment with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 7, Montagu Square, London, W1.
Montagu Square, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 2, 7, Montagu Square, London has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated September 2023.
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 7 Montagu Square London as £2,764,581 and the rental value as £7,109 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Flat 2 7 Montagu Square London has decreased by £8,966 (0.3%) and its rental value has increased by £430 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, 7, Montagu Square, London is in very good condition we estimate a sale value of £2,902,810 and rental value of £7,464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,571,060 and a rental value of £6,611 per month.
If you were able to purchase this property for the estimated value of £2,764,581, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £13,587 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, 7, Montagu Square, London was last sold on 16 Feb 2024 for £2,700,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 7, Montagu Square, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 2, 34, Bryanston Square, London, W1H 2DY, a Leasehold flat which sold for £2,400,000 in Mar 2024.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montagu Square, London, W1 has a total of 237 addresses. According to our analysis of all the public data, Flat 2, 7, Montagu Square, London is the 138th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £765k more expensive than the average property in W1.
Flat 2, 7, Montagu Square, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2023.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 7, Montagu Square, London is Marble Arch station which is 400 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, 7, Montagu Square, London, 62.9% of property is privately rented and 19.3% 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, 7, Montagu Square, London, 10.9% of residents are recorded as possessing school level qualifications and 73.9% 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, 7, Montagu Square, London, the average age was 37.8 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, 7, Montagu Square, London, 8.7% 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, 7, Montagu Square, 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.