According to the public record, Flat 7, 199, Sussex Gardens, London is a period leasehold apartment with 1,114 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 199, Sussex Gardens, London, W2.
Sussex Gardens, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 7, 199, Sussex Gardens, London has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated November 2011.
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 7 199 Sussex Gardens London as £984,691 and the rental value as £4,129 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 7 199 Sussex Gardens London has increased by £41,576 (4.2%) and its rental value has increased by £267 per month (6.5%).
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 7, 199, Sussex Gardens, London is in very good condition we estimate a sale value of £1,033,925 and rental value of £4,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £915,763 and a rental value of £3,840 per month.
If you were able to purchase this property for the estimated value of £984,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,839 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 7, 199, Sussex Gardens, London was last sold on 25 Apr 2014 for £1,350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has dropped 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 199, Sussex Gardens, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 6, 237, Sussex Gardens, London, W2 3UD, a Leasehold flat which sold for £950,000 in Jun 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sussex Gardens, London, W2 has a total of 367 addresses. According to our analysis of all the public data, Flat 7, 199, Sussex Gardens, London is the 59th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in W2.
Flat 7, 199, Sussex Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 7, 199, Sussex Gardens, London is Paddington 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 7, 199, Sussex Gardens, London, 47.6% of property is privately rented and 28.6% is privately owned with a mortgage.
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 7, 199, Sussex Gardens, London, 17.8% of residents are recorded as possessing school level qualifications and 75.3% 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 7, 199, Sussex Gardens, 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 7, 199, Sussex Gardens, London, 0.0% 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 7, 199, Sussex Gardens, 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.