According to the public record, Flat 502, Peninsula Apartments 4, London is a modern apartment with 1,194 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Peninsula Apartments, Praed Street, London, W2.
Praed Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 502, Peninsula Apartments 4, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2020.
We combine this information with public data 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 502 Peninsula Apartments 4 London as £1,389,990 and the rental value as £5,272 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 502 Peninsula Apartments 4 London has increased by £47,592 (3.4%) and its rental value has increased by £300 per month (5.7%).
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 502, Peninsula Apartments 4, London is in very good condition we estimate a sale value of £1,459,490 and rental value of £5,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,292,691 and a rental value of £4,903 per month.
If you were able to purchase this property for the estimated value of £1,389,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,831 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 502, Peninsula Apartments 4, London was last sold on 20 May 2003 for £737,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 502, Peninsula Apartments 4, London within a radius of 240 metres over the last 2 years.
The most recent example is 313, Westcliffe Apartments 1, South Wharf Road, London, W2 1JB, a Leasehold flat which sold for £970,000 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 240 metres radius of Flat 502, Peninsula Apartments 4, London over the last 2 years.
Most recently Flat 50, Cambridge Court, Sussex Gardens, London, W2 1EX, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
Praed Street, London, W2 has a total of 503 addresses. According to our analysis of all the public data, Flat 502, Peninsula Apartments 4, London is the 62nd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £276k more expensive than the average property in W2.
Flat 502, Peninsula Apartments 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 502, Peninsula Apartments 4, London is Edgware Road 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 502, Peninsula Apartments 4, London, 46.4% of property is privately rented and 16.1% is shared ownership.
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 502, Peninsula Apartments 4, London, 25.2% of residents are recorded as possessing school level qualifications and 65.6% 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 502, Peninsula Apartments 4, London, the average age was 37.1 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 502, Peninsula Apartments 4, London, 4.4% 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 502, Peninsula Apartments 4, 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.