According to the public record, Flat 3, 16, Montagu Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 707 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 16, Montagu Street, London, W1.
Montagu Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 3, 16, Montagu Street, London has 31 entries in the Land Registry database, most recently in January 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 16 Montagu Street London as £1,524,856 and the rental value as £4,415 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Flat 3 16 Montagu Street London has decreased by £10,492 (0.7%) and its rental value has increased by £250 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 3, 16, Montagu Street, London is in very good condition we estimate a sale value of £1,601,099 and rental value of £4,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,418,117 and a rental value of £4,106 per month.
If you were able to purchase this property for the estimated value of £1,524,856, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,494 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, 16, Montagu Street, London was last sold on 17 Jan 2020 for £788,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2020, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 16, Montagu Street, London within a radius of 187m over the last 2 years.
The most recent example is Flat 3, 18, Montagu Square, London, W1H 2LE, a Leasehold flat which sold for £1,550,000 in Jun 2023.
Read more about house prices in W1.
Montagu Street, London, W1 has a total of 55 addresses. According to our analysis of all the public data, Flat 3, 16, Montagu Street, London is the 38th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £475k less expensive than the average property in W1.
The closest station to Flat 3, 16, Montagu Street, London is Marble Arch station which is 300 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, 16, Montagu Street, London, 53.8% of property is privately rented and 25.8% 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, 16, Montagu Street, London, 16.4% of residents are recorded as possessing school level qualifications and 71.3% 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, 16, Montagu Street, 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 3, 16, Montagu Street, London, 3.4% 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, 16, Montagu Street, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.