According to the public record, Flat 22, 1, Chepstow Place, London is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Chepstow Place, London, W2.
Chepstow Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 22, 1, Chepstow Place, London has 21 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated May 2021.
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 22 1 Chepstow Place London as £910,266 and the rental value as £3,261 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 22 1 Chepstow Place London has increased by £33,482 (3.7%) and its rental value has increased by £171 per month (5.3%).
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 22, 1, Chepstow Place, London is in very good condition we estimate a sale value of £955,780 and rental value of £3,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £846,548 and a rental value of £3,033 per month.
If you were able to purchase this property for the estimated value of £910,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,474 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 22, 1, Chepstow Place, London was last sold on 31 Jan 2023 for £925,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 1, Chepstow Place, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 33, 1, Chepstow Place, London, W2 4TE, a Leasehold flat which sold for £890,000 in Dec 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chepstow Place, London, W2 has a total of 181 addresses. According to our analysis of all the public data, Flat 22, 1, Chepstow Place, London is the 105th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in W2.
Flat 22, 1, Chepstow Place, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2021.
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 22, 1, Chepstow Place, London is Bayswater station which is 500 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 22, 1, Chepstow Place, London, 66.5% of property is privately rented and 20.1% 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 22, 1, Chepstow Place, London, 9.5% of residents are recorded as possessing school level qualifications and 76.2% 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 22, 1, Chepstow Place, London, the average age was 38.4 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 22, 1, Chepstow Place, London, 1.5% 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 22, 1, Chepstow Place, 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.