According to the public record, Flat 7, 5, Talbot Square, London is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 5, Talbot Square, London, W2.
Talbot Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 7, 5, Talbot Square, London has a single entry in the Land Registry database from January 2014 and a single entry in the EPC database dated July 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 7 5 Talbot Square London as £1,040,597 and the rental value as £3,408 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Flat 7 5 Talbot Square London has increased by £37,979 (3.6%) and its rental value has increased by £183 per month (5.4%).
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, 5, Talbot Square, London is in very good condition we estimate a sale value of £1,092,627 and rental value of £3,578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £967,755 and a rental value of £3,169 per month.
If you were able to purchase this property for the estimated value of £1,040,597, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,114 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, 5, Talbot Square, London was last sold on 14 Jan 2014 for £698,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 5, Talbot Square, London within a radius of 250 metres over the last 2 years.
The most recent example is 25C , Westbourne Terrace, London, W2 3UN, a Leasehold flat which sold for £1,095,000 in Mar 2024.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Talbot Square, London, W2 has a total of 93 addresses. According to our analysis of all the public data, Flat 7, 5, Talbot Square, London is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in W2.
Flat 7, 5, Talbot Square, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Jul 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
The closest station to Flat 7, 5, Talbot Square, London is Paddington station which is 100 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, 5, Talbot Square, London, 82.2% of property is privately rented and 8.3% is socially rented.
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, 5, Talbot Square, London, 52.7% of residents are recorded as possessing school level qualifications and 62.7% 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, 5, Talbot 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 7, 5, Talbot Square, London, 3.6% 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, 5, Talbot Square, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.