According to the public record, Flat 5, Lanark Mansions 12, London is a period leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Lanark Mansions, Lanark Road, London, W9.
Lanark Road, London, W9 is located in the borough of City of Westminster within the W9 postal district.
Flat 5, Lanark Mansions 12, London has 21 entries in the Land Registry database, most recently in March 2013 and a single entry in the EPC database dated June 2021.
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 Lanark Mansions 12 London as £758,422 and the rental value as £3,064 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 5 Lanark Mansions 12 London has decreased by £9,838 (1.3%) and its rental value has increased by £112 per month (3.6%).
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, Lanark Mansions 12, London is in very good condition we estimate a sale value of £796,343 and rental value of £3,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £705,332 and a rental value of £2,849 per month.
If you were able to purchase this property for the estimated value of £758,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,727 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, Lanark Mansions 12, London was last sold on 22 Mar 2013 for £742,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2013, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Lanark Mansions 12, London within a radius of 210 metres over the last 2 years.
The most recent example is 1B, Alexandra Court 63, Maida Vale, London, W9 1SQ, a Leasehold flat which sold for £600,000 in Dec 2023.
Read more about house prices in W9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 210 metres radius of Flat 5, Lanark Mansions 12, London over the last 2 years.
Most recently 38F , Randolph Avenue, London, W9 1BE, a Leasehold flat let by Jorgensen Turner in Oct 2022.
Lanark Road, London, W9 has a total of 283 addresses. According to our analysis of all the public data, Flat 5, Lanark Mansions 12, London is the 96th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in W9.
Flat 5, Lanark Mansions 12, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2021.
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 5, Lanark Mansions 12, London is Warwick Avenue station which is 400 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, Lanark Mansions 12, London, 57.7% of property is privately rented and 20.2% 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 5, Lanark Mansions 12, London, 8.8% of residents are recorded as possessing school level qualifications and 81.0% 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 5, Lanark Mansions 12, London, the average age was 39.6 and the most common age was 32.
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, Lanark Mansions 12, London, 1.5% 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, Lanark Mansions 12, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.