According to the public record, Flat 8, 126, Gloucester Terrace, London is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 126, Gloucester Terrace, London, W2.
Gloucester Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 8, 126, Gloucester Terrace, London has 21 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated December 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 8 126 Gloucester Terrace London as £744,988 and the rental value as £3,022 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 8 126 Gloucester Terrace London has increased by £33,427 (4.5%) and its rental value has increased by £186 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 8, 126, Gloucester Terrace, London is in very good condition we estimate a sale value of £782,238 and rental value of £3,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £692,839 and a rental value of £2,810 per month.
If you were able to purchase this property for the estimated value of £744,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,661 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 8, 126, Gloucester Terrace, London was last sold on 01 Feb 2022 for £603,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 126, Gloucester Terrace, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 5, 126, Gloucester Terrace, London, W2 6HP, a Leasehold flat which sold for £755,000 in Feb 2024.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 230 metres radius of Flat 8, 126, Gloucester Terrace, London over the last 2 years.
Most recently Flat 6, 108, Westbourne Terrace, London, W2 6QJ, a Leasehold flat let by Fine Living in Apr 2022.
Gloucester Terrace, London, W2 has a total of 1259 addresses. According to our analysis of all the public data, Flat 8, 126, Gloucester Terrace, London is the 585th largest and the 455th most expensive property on the street.
When compared to the postcode district it is £369k less expensive than the average property in W2.
Flat 8, 126, Gloucester Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2021.
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 8, 126, Gloucester Terrace, London is London Paddington 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 8, 126, Gloucester Terrace, London, 70.3% of property is privately rented and 11.6% 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 8, 126, Gloucester Terrace, London, 17.7% of residents are recorded as possessing school level qualifications and 65.2% 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 8, 126, Gloucester Terrace, 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 8, 126, Gloucester Terrace, London, 0.7% 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 8, 126, Gloucester Terrace, 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.