As updated by Jorgensen Turner in Jan 2024, Flat 25, Birch House 5, London is a mid-century share of freehold apartment with 509 ft2 of internal area comprising 1 bedroom with a garden.
The apartment is in Birch House, Droop Street, London, W10.
Droop Street, London, W10 is located in the borough of City of Westminster within the W10 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for Flat 25 Birch House 5 London as £344,921 and the rental value as £1,755 per month giving an expected gross yield of 6.1%.
Jorgensen Turner described the decorative condition as fair in Jan 2024.
Over the last 12 months the sale value of Flat 25 Birch House 5 London has increased by £5,131 (1.5%) and its rental value has increased by £79 per month (4.5%).
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 25, Birch House 5, London is in very good condition we estimate a sale value of £362,167 and rental value of £1,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,777 and a rental value of £1,632 per month.
If you were able to purchase this property for the estimated value of £344,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,695 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 Jorgensen Turner , Flat 25, Birch House 5, London was let 2 times since 2021 with the latest being in Apr 2024 for an undisclosed price.
Since Apr 2024, the market values of similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 25, Birch House 5, London within a radius of 41m over the last 2 years.
The most recent example is Flat 61, Birch House 5, Droop Street, London, W10 4EQ, a Leasehold flat which sold for £360,000 in Dec 2019.
Read more about house prices in W10.
Our network of Estate Agents report 1 let of a property similar to Flat 25, Birch House 5, London within a radius of 134m over the last 2 years.
Most recently Flat B, 11, Third Avenue, London, W10 4RS, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in May 2023.
Droop Street, London, W10 has a total of 211 addresses. According to our analysis of all the public data, Flat 25, Birch House 5, London is the 164th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £374k less expensive than the average property in W10.
Flat 25, Birch House 5, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 25, Birch House 5, London is Queens Park (London) station which is 800 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 25, Birch House 5, London, 78.5% of property is socially rented and 14.1% is privately rented.
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 25, Birch House 5, London, 26.2% of residents are recorded as possessing school level qualifications and 32.7% 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 25, Birch House 5, London, the average age was 37.6 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 25, Birch House 5, London, 0.0% 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 25, Birch House 5, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.