According to the public record, Flat 6, 7, Cleveland Square, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Cleveland Square, London, W2.
Cleveland Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 6, 7, Cleveland Square, London has 21 entries in the Land Registry database, most recently in October 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 7 Cleveland Square London as £1,072,591 and the rental value as £3,206 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Flat 6 7 Cleveland Square London has increased by £48,073 (4.5%) and its rental value has increased by £195 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 6, 7, Cleveland Square, London is in very good condition we estimate a sale value of £1,126,221 and rental value of £3,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £997,510 and a rental value of £2,982 per month.
If you were able to purchase this property for the estimated value of £1,072,591, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,271 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, 7, Cleveland Square, London was last sold on 06 Oct 2023 for £820,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 7, Cleveland Square, London within a radius of 190 metres over the last 2 years.
The most recent example is Flat 2, 12-14 , Cleveland Square, London, W2 6DH, a Leasehold flat which sold for £785,000 in Jul 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleveland Square, London, W2 has a total of 337 addresses. According to our analysis of all the public data, Flat 6, 7, Cleveland Square, London is the 198th largest and the 177th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in W2.
The closest station to Flat 6, 7, Cleveland Square, London is London Paddington 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 6, 7, Cleveland Square, London, 54.1% of property is privately rented and 27.6% 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, 7, Cleveland Square, London, 17.8% of residents are recorded as possessing school level qualifications and 78.4% 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, 7, Cleveland Square, 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 6, 7, Cleveland Square, London, 7.1% 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, 7, Cleveland Square, 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.