According to the public record, Flat 3, 31, Cleveland Square, London is a period leasehold apartment with 590 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 31, Cleveland Square, London, W2.
Cleveland Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 3, 31, Cleveland Square, London has 31 entries in the Land Registry database, most recently in September 2014 and a single entry in the EPC database dated March 2012.
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 31 Cleveland Square London as £847,922 and the rental value as £2,800 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Flat 3 31 Cleveland Square London has increased by £39,390 (4.6%) and its rental value has increased by £175 per month (6.2%).
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, 31, Cleveland Square, London is in very good condition we estimate a sale value of £890,318 and rental value of £2,940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £788,568 and a rental value of £2,604 per month.
If you were able to purchase this property for the estimated value of £847,922, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,167 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, 31, Cleveland Square, London was last sold on 26 Sep 2014 for £1,100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2014, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 31, Cleveland Square, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat C, 67, Queens Gardens, London, W2 3AH, a Leasehold flat which sold for £760,000 in Apr 2024.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleveland Square, London, W2 has a total of 337 addresses. According to our analysis of all the public data, Flat 3, 31, Cleveland Square, London is the 221st largest and the 209th most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in W2.
Flat 3, 31, Cleveland Square, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2012.
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, 31, Cleveland Square, London is Bayswater station which is 400 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, 31, Cleveland Square, London, 52.3% of property is socially rented and 27.9% 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 3, 31, Cleveland Square, London, 18.3% of residents are recorded as possessing school level qualifications and 39.4% 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, 31, Cleveland Square, 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, 31, Cleveland Square, London, 0.5% 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, 31, Cleveland Square, 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.