As updated by Jorgensen Turner in Dec 2022, Flat 37, Broadwalk Court 79, London is a early-century leasehold studio apartment with a share of the freehold and with 336 ft2 of internal area with a balcony.
The apartment is in Broadwalk Court, Palace Gardens Terrace, London, W8.
Palace Gardens Terrace, London, W8 is located in the borough of Kensington and Chelsea within the W8 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for Flat 37 Broadwalk Court 79 London as £387,965 and the rental value as £1,696 per month giving an expected gross yield of 5.2%.
Jorgensen Turner described the decorative condition as fair in Dec 2022.
Over the last 12 months the sale value of Flat 37 Broadwalk Court 79 London has increased by £8,245 (2.1%) and its rental value has increased by £46 per month (2.7%).
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 37, Broadwalk Court 79, London is in very good condition we estimate a sale value of £407,363 and rental value of £1,781 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,807 and a rental value of £1,577 per month.
If you were able to purchase this property for the estimated value of £387,965, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,907 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 37, Broadwalk Court 79, London was last sold on 04 Oct 2005 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to Jorgensen Turner , Flat 37, Broadwalk Court 79, London was let 2 times since 2021 with the latest being in Jan 2023 for an undisclosed price.
Since Jan 2023, the market values of similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 37, Broadwalk Court 79, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 7, Broadwalk Court 79, Palace Gardens Terrace, London, W8 4EE, a Leasehold flat which sold for £250,000 in Jul 2023.
Read more about house prices in W8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Gardens Terrace, London, W8 has a total of 310 addresses. According to our analysis of all the public data, Flat 37, Broadwalk Court 79, London is the 229th largest and the 235th most expensive property on the street.
When compared to the postcode district it is £2.273m less expensive than the average property in W8.
Flat 37, Broadwalk Court 79, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 37, Broadwalk Court 79, London is Notting Hill Gate station which is 200 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 37, Broadwalk Court 79, London, 69.8% of property is privately rented and 16.0% 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 37, Broadwalk Court 79, London, 24.0% of residents are recorded as possessing school level qualifications and 63.9% 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 37, Broadwalk Court 79, London, the average age was 40.1 and the most common age was 47.
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 37, Broadwalk Court 79, London, 1.3% 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 37, Broadwalk Court 79, 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.