According to the public record, Flat 3, 2, Gilbert Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 942 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Gilbert Street, London, W1.
Gilbert Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 3, 2, Gilbert Street, London has 21 entries in the Land Registry database, most recently in March 2007 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 2 Gilbert Street London as £1,566,658 and the rental value as £5,290 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Flat 3 2 Gilbert Street London has decreased by £9,000 (0.6%) and its rental value has increased by £310 per month (5.9%).
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, 2, Gilbert Street, London is in very good condition we estimate a sale value of £1,644,991 and rental value of £5,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,456,992 and a rental value of £4,920 per month.
If you were able to purchase this property for the estimated value of £1,566,658, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,700 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, 2, Gilbert Street, London was last sold on 12 Mar 2007 for £839,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 89.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 2, Gilbert Street, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 1, 2, Gilbert Street, London, W1K 5HA, a Leasehold flat which sold for £1,950,000 in Apr 2017.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gilbert Street, London, W1 has a total of 128 addresses. According to our analysis of all the public data, Flat 3, 2, Gilbert Street, London is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £433k less expensive than the average property in W1.
The closest station to Flat 3, 2, Gilbert Street, London is Bond Street station which is 100 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, 2, Gilbert Street, London, 65.1% of property is privately rented and 20.9% 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, 2, Gilbert Street, London, 16.5% of residents are recorded as possessing school level qualifications and 72.4% 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, 2, Gilbert Street, 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 3, 2, Gilbert Street, London, 3.0% 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 3, 2, Gilbert 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.