According to the public record, Flat 23, Cavendish Buildings, London is a period leasehold apartment and with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Cavendish Buildings, Gilbert Street, London, W1.
Gilbert Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 23, Cavendish Buildings, London has 41 entries in the Land Registry database, most recently in April 2011 and 2 entries in the EPC database, most recently in 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 23 Cavendish Buildings London as £1,147,545 and the rental value as £4,445 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 23 Cavendish Buildings London has decreased by £1,176 (0.1%) and its rental value has increased by £283 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 23, Cavendish Buildings, London is in very good condition we estimate a sale value of £1,204,922 and rental value of £4,667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,067,217 and a rental value of £4,133 per month.
If you were able to purchase this property for the estimated value of £1,147,545, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,640 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, Cavendish Buildings, London was last sold on 27 Apr 2011 for £770,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2011, the market for similar properties has risen 38.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Cavendish Buildings, London within a radius of 301m over the last 2 years.
The most recent example is Flat 9, Wigmore Court 120, Wigmore Street, London, W1U 3RU, a Leasehold flat which sold for £1,200,000 in Jun 2023.
Read more about house prices in W1.
Gilbert Street, London, W1 has a total of 128 addresses. According to our analysis of all the public data, Flat 23, Cavendish Buildings, London is the 13th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £852k less expensive than the average property in W1.
Flat 23, Cavendish Buildings, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 23, Cavendish Buildings, London is Bond Street (Elizabeth line) station which is 100 m 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, Cavendish Buildings, London, 65.1% of property is privately rented and 20.9% 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 23, Cavendish Buildings, London, 16.5% of residents are recorded as possessing school level qualifications and 72.4% 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, Cavendish Buildings, 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, Cavendish Buildings, London, 3.0% 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, Cavendish Buildings, 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.