According to the public record, Flat 2, Strathearn House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 634 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Strathearn House, Strathearn Place, London, W2.
Strathearn Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, Strathearn House, London has a single entry in the Land Registry database from January 2022 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 Strathearn House London as £807,774 and the rental value as £3,088 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 2 Strathearn House London has increased by £31,976 (4.0%) and its rental value has increased by £192 per month (6.2%).
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, Strathearn House, London is in very good condition we estimate a sale value of £848,163 and rental value of £3,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £751,230 and a rental value of £2,872 per month.
If you were able to purchase this property for the estimated value of £807,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,970 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, Strathearn House, London was last sold on 31 Jan 2022 for £615,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Strathearn House, London within a radius of 320 metres over the last 2 years.
The most recent example is 16, Clifton Place, London, W2 2SN, a Leasehold flat which sold for £495,000 in Jul 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Strathearn Place, London, W2 has a total of 49 addresses. According to our analysis of all the public data, Flat 2, Strathearn House, London is the 37th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £306k less expensive than the average property in W2.
The closest station to Flat 2, Strathearn House, London is Lancaster Gate 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, Strathearn House, London, 45.6% of property is privately owned outright and 27.2% 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, Strathearn House, London, 22.4% of residents are recorded as possessing school level qualifications and 40.7% 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, Strathearn House, London, the average age was 37.1 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, Strathearn House, London, 2.1% 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, Strathearn House, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.