According to the public record, Flat 4, 11, Mount Street, London is a period leasehold apartment and with 3,767 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in 11, Mount Street, London, W1.
Mount Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 4, 11, Mount Street, London has a single entry in the Land Registry database from January 2014 and 3 entries in the EPC database, most recently in December 2023.
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 11 Mount Street London as £14,820,412 and the rental value as £33,183 per month giving an expected gross yield of 2.7%.
Over the last 12 months the sale value of Flat 4 11 Mount Street London has decreased by £122,646 (0.8%) and its rental value has increased by £1756 per month (5.3%).
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, 11, Mount Street, London is in very good condition we estimate a sale value of £15,561,433 and rental value of £34,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £13,782,983 and a rental value of £30,860 per month.
If you were able to purchase this property for the estimated value of £14,820,412, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £72,838 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, 11, Mount Street, London was last sold on 08 Jan 2014 for £18,427,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 11, Mount Street, London within a radius of 275m over the last 2 years.
The most recent example is Flat 2, 49, Grosvenor Square, London, W1K 3EP, a Leasehold flat which sold for £13,500,000 in Jul 2023.
Read more about house prices in W1.
Mount Street, London, W1 has a total of 182 addresses. According to our analysis of all the public data, Flat 4, 11, Mount Street, London is the 8th largest and the most expensive property on the street.
When compared to the postcode district it is £12.82m more expensive than the average property in W1.
Flat 4, 11, Mount Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2023.
The property is not connected to mains gas and has full secondary glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Flat 4, 11, Mount Street, London is Bond Street (Elizabeth line) station which is 500 m 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, 11, Mount Street, London, 48.9% of property is privately rented and 32.6% 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 4, 11, Mount Street, London, 5.4% of residents are recorded as possessing school level qualifications and 67.5% 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 4, 11, Mount Street, London, the average age was 39.5 and the most common age was 22.
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, 11, Mount Street, London, 11.6% 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 4, 11, Mount Street, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.