According to the public record, Flat 23, Fursecroft, London is a early-century leasehold apartment with 2,314 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in Fursecroft, George Street, London, W1.
George Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 23, Fursecroft, London has 41 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated March 2019.
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 Fursecroft London as £2,719,148 and the rental value as £9,537 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Flat 23 Fursecroft London has decreased by £13,315 (0.5%) and its rental value has increased by £538 per month (5.6%).
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, Fursecroft, London is in very good condition we estimate a sale value of £2,855,106 and rental value of £10,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,528,808 and a rental value of £8,870 per month.
If you were able to purchase this property for the estimated value of £2,719,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £13,364 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, Fursecroft, London was last sold on 30 Jan 2014 for £2,400,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2014, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Fursecroft, London within a radius of 160 metres over the last 2 years.
The most recent example is Flat 35, Fursecroft, George Street, London, W1H 5LG, a Leasehold flat which sold for £3,700,000 in Oct 2022.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Street, London, W1 has a total of 513 addresses. According to our analysis of all the public data, Flat 23, Fursecroft, London is the 41st largest and the 80th most expensive property on the street.
When compared to the postcode district it is £719k more expensive than the average property in W1.
Flat 23, Fursecroft, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 23, Fursecroft, London is Marble Arch 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, Fursecroft, London, 62.8% of property is privately rented and 25.6% 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, Fursecroft, London, 37.5% of residents are recorded as possessing school level qualifications and 56.8% 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, Fursecroft, London, the average age was 37.8 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 23, Fursecroft, London, 2.7% 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, Fursecroft, 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.