According to the public record, Flat 4, 1, Porchester Road, London is a modern leasehold apartment with 744 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Porchester Road, London, W2.
Porchester Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 4, 1, Porchester Road, London has a single entry in the Land Registry database from January 2010 and a single entry in the EPC database dated February 2010.
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 4 1 Porchester Road London as £786,511 and the rental value as £3,376 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 4 1 Porchester Road London has increased by £31,681 (4.0%) and its rental value has increased by £195 per month (5.8%).
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 4, 1, Porchester Road, London is in very good condition we estimate a sale value of £825,837 and rental value of £3,545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £731,455 and a rental value of £3,140 per month.
If you were able to purchase this property for the estimated value of £786,511, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,865 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 4, 1, Porchester Road, London was last sold on 26 Jan 2010 for £610,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2010, the market for similar properties has risen 45.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 1, Porchester Road, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 1, 16, Hatherley Grove, London, W2 5RB, a Leasehold flat which sold for £680,000 in Jun 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 2 lets within a 200 metres radius of Flat 4, 1, Porchester Road, 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.
Porchester Road, London, W2 has a total of 236 addresses. According to our analysis of all the public data, Flat 4, 1, Porchester Road, London is the 39th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £328k less expensive than the average property in W2.
Flat 4, 1, Porchester Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 4, 1, Porchester Road, London is Royal Oak 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 4, 1, Porchester Road, London, 69.5% of property is privately rented and 16.1% 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 4, 1, Porchester Road, London, 16.4% of residents are recorded as possessing school level qualifications and 65.0% 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 4, 1, Porchester Road, 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 4, 1, Porchester Road, London, 0.5% 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 4, 1, Porchester Road, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.