According to the public record, Flat 301, Westbourne House 14-16 , London is a modern leasehold apartment with 1,377 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Westbourne House, Westbourne Grove, London, W2.
Westbourne Grove, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 301, Westbourne House 14-16 , London has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated May 2015.
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 301 Westbourne House 14-16 London as £1,996,559 and the rental value as £6,283 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat 301 Westbourne House 14-16 London has increased by £61,663 (3.1%) and its rental value has increased by £293 per month (4.7%).
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 301, Westbourne House 14-16 , London is in very good condition we estimate a sale value of £2,096,387 and rental value of £6,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,856,799 and a rental value of £5,843 per month.
If you were able to purchase this property for the estimated value of £1,996,559, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,812 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 301, Westbourne House 14-16 , London was last sold on 09 Sep 2015 for £2,260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 301, Westbourne House 14-16 , London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 201, Westbourne House 14-16 , Westbourne Grove, London, W2 5RH, a Leasehold flat which sold for £2,300,000 in Feb 2020.
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 1 let within a 200 metres radius of Flat 301, Westbourne House 14-16 , London over the last 2 years.
Most recently Flat 121, Arthur Court, Queensway, London, W2 5HP, a Leasehold flat let by Fine Living in Feb 2023.
Westbourne Grove, London, W2 has a total of 288 addresses. According to our analysis of all the public data, Flat 301, Westbourne House 14-16 , London is the 32nd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £882k more expensive than the average property in W2.
Flat 301, Westbourne House 14-16 , London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Flat 301, Westbourne House 14-16 , London is Royal Oak 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 301, Westbourne House 14-16 , London, 50.2% of property is privately rented and 29.3% is socially 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 301, Westbourne House 14-16 , London, 12.5% of residents are recorded as possessing school level qualifications and 72.3% 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 301, Westbourne House 14-16 , London, the average age was 38.4 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 301, Westbourne House 14-16 , 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 301, Westbourne House 14-16 , 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.