According to the public record, Flat 24, Ambika House 9B, London is a mid-century leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Ambika House, Portland Place, London, W1.
Portland Place, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 24, Ambika House 9B, London has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated November 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 24 Ambika House 9B London as £1,615,517 and the rental value as £5,915 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 24 Ambika House 9B London has decreased by £10,782 (0.7%) and its rental value has increased by £338 per month (5.7%).
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 24, Ambika House 9B, London is in very good condition we estimate a sale value of £1,696,293 and rental value of £6,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,502,431 and a rental value of £5,501 per month.
If you were able to purchase this property for the estimated value of £1,615,517, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,940 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 24, Ambika House 9B, London was last sold on 16 Dec 2020 for £1,950,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Ambika House 9B, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 3, 30, Harley Street, London, W1G 9PW, a Leasehold flat which sold for £1,600,000 in Jul 2023.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Place, London, W1 has a total of 271 addresses. According to our analysis of all the public data, Flat 24, Ambika House 9B, London is the 187th largest and the 204th most expensive property on the street.
When compared to the postcode district it is £384k less expensive than the average property in W1.
Flat 24, Ambika House 9B, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using elecric underfloor heating.
The closest station to Flat 24, Ambika House 9B, London is Oxford Circus station which is 400 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 24, Ambika House 9B, London, 61.8% of property is privately rented and 21.0% 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 24, Ambika House 9B, London, 17.3% of residents are recorded as possessing school level qualifications and 72.1% 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 24, Ambika House 9B, 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 24, Ambika House 9B, London, 4.0% 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 24, Ambika House 9B, 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.