According to the public record, Flat 6, 9, Hanover Street, London is a modern leasehold apartment and with 1,550 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and roof terrace.
The apartment is in 9, Hanover Street, London, W1.
Hanover Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 6, 9, Hanover Street, London has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated September 2013.
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 9 Hanover Street London as £3,443,121 and the rental value as £8,643 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Flat 6 9 Hanover Street London has decreased by £28,747 (0.8%) and its rental value has increased by £482 per month (5.6%).
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 6, 9, Hanover Street, London is in very good condition we estimate a sale value of £3,615,278 and rental value of £9,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,202,103 and a rental value of £8,038 per month.
If you were able to purchase this property for the estimated value of £3,443,121, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £16,922 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, 9, Hanover Street, London was last sold on 06 Feb 2014 for £3,900,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 9, Hanover Street, London within a radius of 327m over the last 2 years.
The most recent example is Apartment 12, Verge Apartments 24, Dering Street, London, W1S 1BL, a Leasehold flat which sold for £3,900,000 in Jul 2022.
Read more about house prices in W1.
Hanover Street, London, W1 has a total of 20 addresses. According to our analysis of all the public data, Flat 6, 9, Hanover Street, London is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £1.443m more expensive than the average property in W1.
Flat 6, 9, Hanover Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Flat 6, 9, Hanover Street, London is Oxford Circus station which is 200 m 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, 9, Hanover Street, London, 46.2% of property is privately rented and 22.0% 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, 9, Hanover Street, London, 16.0% of residents are recorded as possessing school level qualifications and 75.2% 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, 9, Hanover Street, London, the average age was 37.9 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 6, 9, Hanover Street, London, 0.7% 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, 9, Hanover Street, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.