According to the public record, Flat 23, 2, Mansfield Street, London is a period leasehold apartment with 1,557 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Mansfield Street, London, W1.
Mansfield Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 23, 2, Mansfield Street, London has 31 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated February 2011.
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 23 2 Mansfield Street London as £2,828,797 and the rental value as £8,309 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Flat 23 2 Mansfield Street London has decreased by £8,042 (0.3%) and its rental value has increased by £509 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 23, 2, Mansfield Street, London is in very good condition we estimate a sale value of £2,970,237 and rental value of £8,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,630,782 and a rental value of £7,727 per month.
If you were able to purchase this property for the estimated value of £2,828,797, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £13,903 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 23, 2, Mansfield Street, London was last sold on 31 Mar 2017 for £4,200,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2017, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, 2, Mansfield Street, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 21, 2, Mansfield Street, London, W1G 9NF, a Leasehold flat which sold for £2,100,000 in Mar 2021.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mansfield Street, London, W1 has a total of 60 addresses. According to our analysis of all the public data, Flat 23, 2, Mansfield Street, London is the 28th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £829k more expensive than the average property in W1.
Flat 23, 2, Mansfield Street, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Feb 2011.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 23, 2, Mansfield Street, London is Oxford Circus 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 23, 2, Mansfield Street, London, 50.5% of property is privately rented and 31.5% 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 23, 2, Mansfield Street, London, 17.6% of residents are recorded as possessing school level qualifications and 75.6% 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 23, 2, Mansfield Street, London, the average age was 37.9 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 23, 2, Mansfield Street, London, 5.4% 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 23, 2, Mansfield Street, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.