According to the public record, Flat 4, Garson House, London is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Garson House, Gloucester Terrace, London, W2.
Gloucester Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 4, Garson House, London has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated September 2014.
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 Garson House London as £837,597 and the rental value as £3,635 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 4 Garson House London has increased by £32,808 (3.9%) and its rental value has increased by £201 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, Garson House, London is in very good condition we estimate a sale value of £879,476 and rental value of £3,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £778,965 and a rental value of £3,380 per month.
If you were able to purchase this property for the estimated value of £837,597, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,117 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, Garson House, London was last sold on 15 Jul 2022 for £798,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Garson House, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 11, Carroll House, Craven Terrace, London, W2 3PP, a Leasehold flat which sold for £950,000 in Dec 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Terrace, London, W2 has a total of 1259 addresses. According to our analysis of all the public data, Flat 4, Garson House, London is the 175th largest and the 308th most expensive property on the street.
When compared to the postcode district it is £277k less expensive than the average property in W2.
Flat 4, Garson House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2014.
The property is connected to mains gas and has partial secondary glazing. It is heated using a community scheme.
The closest station to Flat 4, Garson House, London is Lancaster Gate station which is 200 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, Garson House, London, 60.2% of property is privately rented and 29.7% 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, Garson House, London, 18.8% of residents are recorded as possessing school level qualifications and 71.0% 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, Garson House, London, the average age was 37.3 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, Garson House, London, 3.1% 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, Garson House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.