According to the public record, Flat 3, 83, Duke Street, London is a period leasehold apartment and with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 83, Duke Street, London, W1.
Duke Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 3, 83, Duke Street, London has 31 entries in the Land Registry database, most recently in July 2015 and 2 entries in the EPC database, most recently in March 2020.
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 83 Duke Street London as £596,585 and the rental value as £2,246 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 3 83 Duke Street London has decreased by £2,695 (0.5%) and its rental value has increased by £130 per month (5.8%).
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, 83, Duke Street, London is in very good condition we estimate a sale value of £626,414 and rental value of £2,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £554,824 and a rental value of £2,089 per month.
If you were able to purchase this property for the estimated value of £596,585, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,932 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, 83, Duke Street, London was last sold on 28 Jul 2015 for £769,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2015, the market for similar properties has dropped 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 7m radius of Flat 3, 83, Duke Street, London over the last 2 years.
The most recent example is Flat 4, 81, Duke Street, London, W1K 5PE, a Leasehold flat which sold for £765,000 in Apr 2013.
Read more about house prices in W1.
Duke Street, London, W1 has a total of 81 addresses. According to our analysis of all the public data, Flat 3, 83, Duke Street, London is the 40th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £1.403m less expensive than the average property in W1.
Flat 3, 83, Duke Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2020.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 83, Duke Street, London is Bond Street (Elizabeth line) station which is 200 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, 83, Duke Street, London, 46.6% of property is privately rented and 34.8% 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, 83, Duke Street, London, 14.1% of residents are recorded as possessing school level qualifications and 60.6% 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, 83, Duke 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, 83, Duke Street, London, 8.5% 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, 83, Duke Street, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.