According to the public record, Flat 33, 27, Inverness Terrace, London is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 27, Inverness Terrace, London, W2.
Inverness Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 33, 27, Inverness Terrace, London has 31 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated August 2021.
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 33 27 Inverness Terrace London as £882,643 and the rental value as £3,409 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 33 27 Inverness Terrace London has increased by £35,387 (4.0%) and its rental value has increased by £190 per month (5.6%).
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 33, 27, Inverness Terrace, London is in very good condition we estimate a sale value of £926,775 and rental value of £3,579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £820,858 and a rental value of £3,170 per month.
If you were able to purchase this property for the estimated value of £882,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,338 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 33, 27, Inverness Terrace, London was last sold on 31 Mar 2023 for £810,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 33, 27, Inverness Terrace, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 6, 31, Inverness Terrace, London, W2 3JR, a Leasehold flat which sold for £790,000 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 210 metres radius of Flat 33, 27, Inverness Terrace, 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.
Inverness Terrace, London, W2 has a total of 717 addresses. According to our analysis of all the public data, Flat 33, 27, Inverness Terrace, London is the 199th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £232k less expensive than the average property in W2.
Flat 33, 27, Inverness Terrace, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2021.
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 33, 27, Inverness Terrace, London is Bayswater 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 33, 27, Inverness Terrace, London, 67.7% of property is privately rented and 13.5% is privately owned with a mortgage.
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 33, 27, Inverness Terrace, London, 22.6% of residents are recorded as possessing school level qualifications and 77.5% 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 33, 27, Inverness Terrace, London, the average age was 37.5 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 33, 27, Inverness Terrace, London, 0.6% 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 33, 27, Inverness Terrace, 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.