According to the public record, Flat 6, 2, Chepstow Road, London is a modern leasehold apartment with 2,421 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in 2, Chepstow Road, London, W2.
Chepstow Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 6, 2, Chepstow Road, London has 21 entries in the Land Registry database, most recently in August 2006 and a single entry in the EPC database dated February 2020.
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 6 2 Chepstow Road London as £3,264,048 and the rental value as £10,936 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Flat 6 2 Chepstow Road London has increased by £115,100 (3.5%) and its rental value has increased by £577 per month (5.3%).
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 6, 2, Chepstow Road, London is in very good condition we estimate a sale value of £3,427,250 and rental value of £11,483 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,035,564 and a rental value of £10,170 per month.
If you were able to purchase this property for the estimated value of £3,264,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £16,042 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 6, 2, Chepstow Road, London was last sold on 01 Aug 2006 for £1,875,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 6, 2, Chepstow Road, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 2, 104, Westbourne Grove, London, W2 5RU, a Leasehold flat which sold for £2,800,000 in Apr 2013.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chepstow Road, London, W2 has a total of 286 addresses. According to our analysis of all the public data, Flat 6, 2, Chepstow Road, London is the 5th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £2.15m more expensive than the average property in W2.
Flat 6, 2, Chepstow Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 6, 2, Chepstow Road, London is Royal Oak station which is 600 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 6, 2, Chepstow Road, London, 41.1% of property is privately rented and 29.8% 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 6, 2, Chepstow Road, London, 24.8% of residents are recorded as possessing school level qualifications and 63.8% 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 6, 2, Chepstow Road, 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 6, 2, Chepstow Road, London, 4.9% 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 6, 2, Chepstow Road, 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.