According to the public record, Flat 3, 14, Marylebone Street, London is a period leasehold apartment and with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 14, Marylebone Street, London, W1.
Marylebone Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 3, 14, Marylebone Street, London has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated March 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 3 14 Marylebone Street London as £510,794 and the rental value as £2,066 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 3 14 Marylebone Street London has decreased by £6,068 (1.2%) and its rental value has increased by £107 per month (5.2%).
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 3, 14, Marylebone Street, London is in very good condition we estimate a sale value of £536,334 and rental value of £2,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £475,039 and a rental value of £1,922 per month.
If you were able to purchase this property for the estimated value of £510,794, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,510 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 3, 14, Marylebone Street, London was last sold on 31 Mar 2021 for £611,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 14, Marylebone Street, London within a radius of 229m over the last 2 years.
The most recent example is Third Floor Flat, 21, Bulstrode Street, London, W1U 2JP, a Leasehold flat which sold for £545,000 in Aug 2020.
Read more about house prices in W1.
Marylebone Street, London, W1 has a total of 103 addresses. According to our analysis of all the public data, Flat 3, 14, Marylebone Street, London is the 101st largest and the 101st most expensive property on the street.
When compared to the postcode district it is £1.489m less expensive than the average property in W1.
Flat 3, 14, Marylebone Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3, 14, Marylebone Street, London is Regent's Park station which is 500 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 3, 14, Marylebone Street, London, 50.7% of property is privately rented and 34.3% 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 3, 14, Marylebone Street, London, 13.3% of residents are recorded as possessing school level qualifications and 78.4% 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 3, 14, Marylebone Street, London, the average age was 41 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 3, 14, Marylebone Street, London, 8.8% 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 3, 14, Marylebone Street, 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.