According to the public record, Flat 21, Spire House, London is a modern leasehold apartment with 3,882 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in Spire House, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 21, Spire House, London has 21 entries in the Land Registry database, most recently in October 2009 and a single entry in the EPC database dated October 2009.
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 21 Spire House London as £4,368,150 and the rental value as £15,656 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 21 Spire House London has increased by £208,077 (4.8%) and its rental value has increased by £1001 per month (6.4%).
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 21, Spire House, London is in very good condition we estimate a sale value of £4,586,558 and rental value of £16,439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £4,062,380 and a rental value of £14,560 per month.
If you were able to purchase this property for the estimated value of £4,368,150, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £21,468 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 21, Spire House, London was last sold on 27 Oct 2009 for £2,500,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2009, the market for similar properties has risen 55.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 220 metres radius of Flat 21, Spire House, London over the last 2 years.
The most recent example is Flat 9, Spire House, Lancaster Gate, London, W2 3NP, a Leasehold flat which sold for £1,700,000 in Feb 2010.
Read more about house prices in W2.
Lancaster Gate, London, W2 has a total of 516 addresses. According to our analysis of all the public data, Flat 21, Spire House, London is the 26th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £3.254m more expensive than the average property in W2.
Flat 21, Spire House, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Oct 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 21, Spire 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 21, Spire House, London, 73.5% of property is privately rented and 12.9% 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 21, Spire House, London, 17.9% of residents are recorded as possessing school level qualifications and 77.1% 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 21, Spire House, London, the average age was 37.3 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 21, Spire House, 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 21, Spire House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.