According to the public record, Flat 3B, 20, Princes Square, London is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 20, Princes Square, London, W2.
Princes Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 3B, 20, Princes Square, London has a single entry in the Land Registry database from April 2015 and a single entry in the EPC database dated March 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 3B 20 Princes Square London as £873,589 and the rental value as £2,806 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Flat 3B 20 Princes Square London has increased by £34,758 (4.0%) and its rental value has increased by £153 per month (5.5%).
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 3B, 20, Princes Square, London is in very good condition we estimate a sale value of £917,268 and rental value of £2,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £812,438 and a rental value of £2,609 per month.
If you were able to purchase this property for the estimated value of £873,589, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,293 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 3B, 20, Princes Square, London was last sold on 16 Apr 2015 for £945,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2015, the market for similar properties has dropped 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3B, 20, Princes Square, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 6, 27-28, Kensington Gardens Square, London, W2 4BG, a Leasehold flat which sold for £800,000 in Oct 2022.
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 230 metres radius of Flat 3B, 20, Princes Square, London over the last 2 years.
Most recently Flat 5, 28, Palace Court, London, W2 4HZ, a flat let by Fine Living in Apr 2021.
Princes Square, London, W2 has a total of 218 addresses. According to our analysis of all the public data, Flat 3B, 20, Princes Square, London is the 77th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £241k less expensive than the average property in W2.
Flat 3B, 20, Princes Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 3B, 20, Princes Square, London is Bayswater 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 3B, 20, Princes Square, London, 57.8% of property is privately rented and 21.9% 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 3B, 20, Princes Square, London, 21.9% of residents are recorded as possessing school level qualifications and 72.5% 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 3B, 20, Princes Square, 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 3B, 20, Princes Square, London, 8.8% 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 3B, 20, Princes Square, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.