According to the public record, Flat 6, Armitage Apartments 228, London is a period leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Armitage Apartments, Great Portland Street, London, W1.
Great Portland Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 6, Armitage Apartments 228, London has 31 entries in the Land Registry database, most recently in February 2020 and 3 entries in the EPC database, most recently in March 2019.
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 Armitage Apartments 228 London as £1,135,649 and the rental value as £3,977 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Flat 6 Armitage Apartments 228 London has decreased by £12,113 (1.1%) and its rental value has increased by £210 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, Armitage Apartments 228, London is in very good condition we estimate a sale value of £1,192,432 and rental value of £4,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,056,154 and a rental value of £3,699 per month.
If you were able to purchase this property for the estimated value of £1,135,649, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,581 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, Armitage Apartments 228, London was last sold on 05 Feb 2020 for £1,090,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2020, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Armitage Apartments 228, London within a radius of 257m over the last 2 years.
The most recent example is Flat 85, 49, Hallam Street, London, W1W 6JP, a Leasehold flat which sold for £925,000 in Jan 2023.
Read more about house prices in W1.
Great Portland Street, London, W1 has a total of 266 addresses. According to our analysis of all the public data, Flat 6, Armitage Apartments 228, London is the 212th largest and the 138th most expensive property on the street.
When compared to the postcode district it is £864k less expensive than the average property in W1.
Flat 6, Armitage Apartments 228, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, Armitage Apartments 228, London is Great Portland Street station which is 100 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, Armitage Apartments 228, London, 66.0% of property is privately rented and 12.5% 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, Armitage Apartments 228, London, 39.7% of residents are recorded as possessing school level qualifications and 66.3% 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, Armitage Apartments 228, 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, Armitage Apartments 228, 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 6, Armitage Apartments 228, 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.