According to the public record, Flat 4, 12-13, Richmond Buildings, London is a modern leasehold apartment and with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 12, Richmond Buildings, London, W1.
Richmond Buildings, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 4, 12-13, Richmond Buildings, London has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated May 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 4 12-13 Richmond Buildings London as £812,491 and the rental value as £2,730 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Flat 4 12-13 Richmond Buildings London has decreased by £833 (0.1%) and its rental value has increased by £175 per month (6.4%).
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 4, 12-13, Richmond Buildings, London is in very good condition we estimate a sale value of £853,115 and rental value of £2,867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £755,616 and a rental value of £2,539 per month.
If you were able to purchase this property for the estimated value of £812,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,993 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, 12-13, Richmond Buildings, London was last sold on 25 Aug 2017 for £1,139,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 12-13, Richmond Buildings, London within a radius of 142m over the last 2 years.
The most recent example is Apartment 8, 5, Peter Street, London, W1F 0DN, a Leasehold flat which sold for £850,000 in Sep 2021.
Read more about house prices in W1.
Richmond Buildings, London, W1 has a total of 29 addresses. According to our analysis of all the public data, Flat 4, 12-13, Richmond Buildings, London is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £1.187m less expensive than the average property in W1.
Flat 4, 12-13, Richmond Buildings, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, fan coil units, electric.
The closest station to Flat 4, 12-13, Richmond Buildings, London is Tottenham Court Road (Elizabeth line) station which is 300 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, 12-13, Richmond Buildings, London, 66.9% of property is privately rented and 13.2% 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 4, 12-13, Richmond Buildings, London, 30.2% of residents are recorded as possessing school level qualifications and 69.0% 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, 12-13, Richmond Buildings, London, the average age was 37.9 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, 12-13, Richmond Buildings, London, 3.4% 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, 12-13, Richmond Buildings, 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.