According to the public record, Flat 3, 15, Craven Terrace, London is a period leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 15, Craven Terrace, London, W2.
Craven Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 3, 15, Craven Terrace, London has 31 entries in the Land Registry database, most recently in February 2006 and a single entry in the EPC database dated March 2016.
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 15 Craven Terrace London as £454,366 and the rental value as £1,984 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 3 15 Craven Terrace London has increased by £18,054 (4.0%) and its rental value has increased by £111 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 3, 15, Craven Terrace, London is in very good condition we estimate a sale value of £477,084 and rental value of £2,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,560 and a rental value of £1,845 per month.
If you were able to purchase this property for the estimated value of £454,366, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,233 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, 15, Craven Terrace, London was last sold on 24 Feb 2006 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 15, Craven Terrace, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 3, 30, Gloucester Terrace, London, W2 3DA, a Leasehold flat which sold for £465,000 in May 2024.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Craven Terrace, London, W2 has a total of 176 addresses. According to our analysis of all the public data, Flat 3, 15, Craven Terrace, London is the 125th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £660k less expensive than the average property in W2.
Flat 3, 15, Craven Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 15, Craven Terrace, London is Lancaster Gate station which is 300 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 3, 15, Craven Terrace, London, 65.8% of property is privately rented and 18.5% 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, 15, Craven Terrace, London, 14.0% of residents are recorded as possessing school level qualifications and 73.8% 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 3, 15, Craven Terrace, London, the average age was 37.3 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, 15, Craven Terrace, London, 3.8% 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, 15, Craven Terrace, 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.