According to the public record, Flat 40, 115, Westbourne Terrace, London is a period leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 115, Westbourne Terrace, London, W2.
Westbourne Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 40, 115, Westbourne Terrace, London has 31 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated July 2019.
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 40 115 Westbourne Terrace London as £952,992 and the rental value as £3,818 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 40 115 Westbourne Terrace London has increased by £42,760 (4.5%) and its rental value has increased by £234 per month (6.1%).
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 40, 115, Westbourne Terrace, London is in very good condition we estimate a sale value of £1,000,642 and rental value of £4,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £886,283 and a rental value of £3,550 per month.
If you were able to purchase this property for the estimated value of £952,992, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,684 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 40, 115, Westbourne Terrace, London was last sold on 15 Aug 2019 for £865,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2019, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, 115, Westbourne Terrace, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 6, 89, Westbourne Terrace, London, W2 6QS, a Leasehold flat which sold for £1,000,000 in Jan 2024.
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 1 let within a 270 metres radius of Flat 40, 115, Westbourne Terrace, London over the last 2 years.
Most recently Flat 6, 108, Westbourne Terrace, London, W2 6QJ, a Leasehold flat let by Fine Living in Apr 2022.
Westbourne Terrace, London, W2 has a total of 884 addresses. According to our analysis of all the public data, Flat 40, 115, Westbourne Terrace, London is the 323rd largest and the 320th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in W2.
Flat 40, 115, Westbourne Terrace, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2019.
The property is not connected to mains gas and has full secondary glazing. It is heated using a community scheme.
The closest station to Flat 40, 115, Westbourne Terrace, London is London Paddington 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 40, 115, Westbourne Terrace, London, 53.1% of property is privately rented and 23.9% is privately owned with a mortgage.
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 40, 115, Westbourne Terrace, London, 10.9% of residents are recorded as possessing school level qualifications and 73.9% 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 40, 115, Westbourne Terrace, 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 40, 115, Westbourne Terrace, London, 0.9% 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 40, 115, Westbourne Terrace, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.