According to the public record, Flat 22, Chelwood House, London is a mid-century leasehold apartment with 1,991 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a balcony.
The apartment is in Chelwood House, Gloucester Square, London, W2.
Gloucester Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 22, Chelwood House, London has 21 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated August 2014.
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 Chelwood House London as £3,518,848 and the rental value as £9,287 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Flat 22 Chelwood House London has increased by £77,694 (2.2%) and its rental value has increased by £435 per month (4.7%).
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, Chelwood House, London is in very good condition we estimate a sale value of £3,694,790 and rental value of £9,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,272,529 and a rental value of £8,637 per month.
If you were able to purchase this property for the estimated value of £3,518,848, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £17,294 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, Chelwood House, London was last sold on 31 Mar 2016 for £860,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Chelwood House, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 32, Chelwood House, Gloucester Square, London, W2 2SZ, a Leasehold flat which sold for £4,475,000 in Oct 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Square, London, W2 has a total of 106 addresses. According to our analysis of all the public data, Flat 22, Chelwood House, London is the 46th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £2.405m more expensive than the average property in W2.
Flat 22, Chelwood House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 22, Chelwood House, London is Paddington station which is 300 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, Chelwood House, London, 52.1% of property is privately rented and 25.2% 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, Chelwood House, London, 9.6% of residents are recorded as possessing school level qualifications and 61.1% 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 22, Chelwood 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 22, Chelwood House, London, 5.2% 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, Chelwood House, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.