According to the public record, Flat 4, 94, New Cavendish Street, London is a early-century leasehold apartment and with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 94, New Cavendish Street, London, W1.
New Cavendish Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 4, 94, New Cavendish Street, London has 31 entries in the Land Registry database, most recently in December 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 94 New Cavendish Street London as £839,385 and the rental value as £3,268 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 4 94 New Cavendish Street London has decreased by £7,251 (0.9%) and its rental value has increased by £180 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 4, 94, New Cavendish Street, London is in very good condition we estimate a sale value of £881,355 and rental value of £3,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £780,628 and a rental value of £3,039 per month.
If you were able to purchase this property for the estimated value of £839,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,125 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, 94, New Cavendish Street, London was last sold on 11 Dec 2017 for £1,250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has dropped 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 94, New Cavendish Street, London within a radius of 168m over the last 2 years.
The most recent example is Flat 7, 89, Great Portland Street, London, W1W 7LX, a Leasehold flat which sold for £802,000 in Oct 2023.
Read more about house prices in W1.
New Cavendish Street, London, W1 has a total of 352 addresses. According to our analysis of all the public data, Flat 4, 94, New Cavendish Street, London is the 171st largest and the 202nd most expensive property on the street.
When compared to the postcode district it is £1.161m less expensive than the average property in W1.
Flat 4, 94, New Cavendish Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, 94, New Cavendish Street, London is Great Portland Street station which is 400 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, 94, New Cavendish Street, London, 61.8% of property is privately rented and 21.0% 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 4, 94, New Cavendish Street, London, 17.3% of residents are recorded as possessing school level qualifications and 72.1% 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, 94, New Cavendish Street, 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, 94, New Cavendish Street, London, 4.0% 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, 94, New Cavendish Street, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.