According to the public record, Flat 8, 31, Hyde Park Gardens, London is a period leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 31, Hyde Park Gardens, London, W2.
Hyde Park Gardens, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 8, 31, Hyde Park Gardens, London has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated November 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 31 Hyde Park Gardens London as £1,978,265 and the rental value as £5,206 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Flat 8 31 Hyde Park Gardens London has increased by £78,310 (4.0%) and its rental value has increased by £323 per month (6.2%).
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, 31, Hyde Park Gardens, London is in very good condition we estimate a sale value of £2,077,179 and rental value of £5,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,839,787 and a rental value of £4,842 per month.
If you were able to purchase this property for the estimated value of £1,978,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,723 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, 31, Hyde Park Gardens, London was last sold on 07 Jan 2022 for £1,835,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 31, Hyde Park Gardens, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 9, 25, Hyde Park Gardens, London, W2 2LZ, a Leasehold flat which sold for £2,700,000 in Oct 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hyde Park Gardens, London, W2 has a total of 146 addresses. According to our analysis of all the public data, Flat 8, 31, Hyde Park Gardens, London is the 109th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £864k more expensive than the average property in W2.
Flat 8, 31, Hyde Park Gardens, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Nov 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 8, 31, Hyde Park Gardens, London is Lancaster Gate 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 8, 31, Hyde Park Gardens, London, 59.6% of property is privately rented and 22.3% 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 8, 31, Hyde Park Gardens, London, 15.3% of residents are recorded as possessing school level qualifications and 74.4% 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, 31, Hyde Park 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 8, 31, Hyde Park Gardens, London, 10.3% 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, 31, Hyde Park 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.