According to the public record, Flat 3, Corringham 13-16, London is a mid-century leasehold apartment with 711 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Corringham, Craven Hill Gardens, London, W2.
Craven Hill Gardens, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 3, Corringham 13-16, London has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated November 2011.
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 Corringham 13-16 London as £704,173 and the rental value as £3,061 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 3 Corringham 13-16 London has increased by £25,201 (3.6%) and its rental value has increased by £159 per month (5.2%).
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, Corringham 13-16, London is in very good condition we estimate a sale value of £739,381 and rental value of £3,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £654,881 and a rental value of £2,847 per month.
If you were able to purchase this property for the estimated value of £704,173, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,461 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, Corringham 13-16, London was last sold on 11 Mar 2021 for £649,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Corringham 13-16, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 28, Corringham 13-16, Craven Hill Gardens, London, W2 3EH, a Leasehold flat which sold for £825,000 in Feb 2024.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 230 metres radius of Flat 3, Corringham 13-16, London over the last 2 years.
Most recently Flat 6, 46, Inverness Terrace, London, W2 3JA, a Leasehold flat let by Jorgensen Turner in Jun 2024.
Craven Hill Gardens, London, W2 has a total of 284 addresses. According to our analysis of all the public data, Flat 3, Corringham 13-16, London is the 148th largest and the 174th most expensive property on the street.
When compared to the postcode district it is £410k less expensive than the average property in W2.
Flat 3, Corringham 13-16, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2011.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using Room heaters, electric.
The closest station to Flat 3, Corringham 13-16, London is Bayswater 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, Corringham 13-16, London, 80.0% of property is privately rented and 12.2% 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, Corringham 13-16, London, 13.3% of residents are recorded as possessing school level qualifications and 69.5% 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, Corringham 13-16, 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, Corringham 13-16, London, 3.9% 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, Corringham 13-16, London, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.