According to the public record, Flat 71, 49, Hallam Street, London is a period leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 49, Hallam Street, London, W1.
Hallam Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 71, 49, Hallam Street, London has 41 entries in the Land Registry database, most recently in June 2013 and a single entry in the EPC database dated March 2021.
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 71 49 Hallam Street London as £1,593,367 and the rental value as £5,735 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 71 49 Hallam Street London has decreased by £5,913 (0.4%) and its rental value has increased by £347 per month (6.1%).
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 71, 49, Hallam Street, London is in very good condition we estimate a sale value of £1,673,036 and rental value of £6,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,481,832 and a rental value of £5,333 per month.
If you were able to purchase this property for the estimated value of £1,593,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,831 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 71, 49, Hallam Street, London was last sold on 27 Jun 2013 for £1,635,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2013, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 71, 49, Hallam Street, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 9, 2, Mansfield Street, London, W1G 9NF, a Leasehold flat which sold for £1,825,000 in Jul 2023.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hallam Street, London, W1 has a total of 254 addresses. According to our analysis of all the public data, Flat 71, 49, Hallam Street, London is the 38th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £407k less expensive than the average property in W1.
Flat 71, 49, Hallam Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2021.
The property is not connected to mains gas and has full secondary glazing. It is heated using a community scheme.
The closest station to Flat 71, 49, Hallam Street, London is Great Portland Street station which is 300 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 71, 49, Hallam Street, London, 52.2% of property is privately rented and 38.9% 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 71, 49, Hallam Street, London, 18.1% of residents are recorded as possessing school level qualifications and 75.7% 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 71, 49, Hallam Street, London, the average age was 41 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 71, 49, Hallam Street, London, 8.0% 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 71, 49, Hallam Street, 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.