According to the public record, Flat 5, Albert Mansions , London is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Albert Mansions, Luxborough Street, London, W1.
Luxborough Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 5, Albert Mansions , London has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated July 2024.
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 5 Albert Mansions London as £714,806 and the rental value as £2,906 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 5 Albert Mansions London has decreased by £6,541 (0.9%) and its rental value has increased by £159 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 5, Albert Mansions , London is in very good condition we estimate a sale value of £750,547 and rental value of £3,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £664,770 and a rental value of £2,703 per month.
If you were able to purchase this property for the estimated value of £714,806, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,513 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 5, Albert Mansions , London was last sold on 06 Oct 2014 for £780,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has dropped 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Albert Mansions , London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 20, York Mansions, Chiltern Street, London, W1U 5AL, a Leasehold flat which sold for £645,000 in Oct 2023.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luxborough Street, London, W1 has a total of 247 addresses. According to our analysis of all the public data, Flat 5, Albert Mansions , London is the 170th largest and the 169th most expensive property on the street.
When compared to the postcode district it is £1.285m less expensive than the average property in W1.
Flat 5, Albert Mansions , London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2024.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Albert Mansions , London is Baker Street 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 5, Albert Mansions , London, 37.2% of property is privately rented and 25.5% is socially rented.
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 5, Albert Mansions , London, 43.3% of residents are recorded as possessing school level qualifications and 60.7% 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 5, Albert Mansions , London, the average age was 38.4 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 5, Albert Mansions , London, 2.2% 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 5, Albert Mansions , 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.