According to the public record, Flat 36, Corringham 13-16, London is a mid-century leasehold apartment with 1,582 ft2 of internal area.
Apartments of this size in this area normally have 4 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 36, Corringham 13-16, London has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated July 2017.
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 36 Corringham 13-16 London as £1,371,086 and the rental value as £5,652 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 36 Corringham 13-16 London has increased by £52,430 (3.8%) and its rental value has increased by £307 per month (5.4%).
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 36, Corringham 13-16, London is in very good condition we estimate a sale value of £1,439,640 and rental value of £5,935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,275,110 and a rental value of £5,257 per month.
If you were able to purchase this property for the estimated value of £1,371,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,738 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 36, Corringham 13-16, London was last sold on 18 Mar 2022 for £800,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 36, Corringham 13-16, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 27, Beaufort House 25-29, Queensborough Terrace, London, W2 3SS, a Leasehold flat which sold for £1,290,000 in Mar 2017.
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 36, 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 36, Corringham 13-16, London is the 35th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £257k more expensive than the average property in W2.
Flat 36, Corringham 13-16, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 36, 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 36, 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 36, 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 36, 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 36, 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 36, 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.