According to the public record, Flat 602, Peninsula Apartments 4, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and roof terrace.
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 602, Peninsula Apartments 4, London has 21 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated August 2022.
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 602 Peninsula Apartments 4 London as £897,371 and the rental value as £2,729 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Flat 602 Peninsula Apartments 4 London has increased by £28,350 (3.2%) and its rental value has increased by £143 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 602, Peninsula Apartments 4, London is in very good condition we estimate a sale value of £942,239 and rental value of £2,866 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £834,555 and a rental value of £2,538 per month.
If you were able to purchase this property for the estimated value of £897,371, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,410 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 602, Peninsula Apartments 4, London was last sold on 01 Jun 2023 for £875,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 240 metres radius of Flat 602, Peninsula Apartments 4, London over the last 2 years.
The most recent example is Flat 718, Peninsula Apartments 4, Praed Street, London, W2 1JJ, a Leasehold flat which sold for £870,000 in Jan 2024.
Read more about house prices in W2.
Our network of Estate Agents report 1 let within a 240 metres radius of Flat 602, 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 602, Peninsula Apartments 4, London is the 318th largest and the 198th most expensive property on the street.
When compared to the postcode district it is £217k less expensive than the average property in W2.
Flat 602, Peninsula Apartments 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, warm air, electric.
The closest station to Flat 602, 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 602, 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 602, 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 602, 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 602, 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 602, 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.