According to the public record, Flat 8, Ames House 44, London is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ames House, Mortimer Street, London, W1.
Mortimer Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 8, Ames House 44, London has 21 entries in the Land Registry database, most recently in August 2009 and a single entry in the EPC database dated July 2022.
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 Ames House 44 London as £887,716 and the rental value as £3,413 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 8 Ames House 44 London has decreased by £7,669 (0.9%) and its rental value has increased by £188 per month (5.5%).
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 8, Ames House 44, London is in very good condition we estimate a sale value of £932,102 and rental value of £3,583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £825,576 and a rental value of £3,174 per month.
If you were able to purchase this property for the estimated value of £887,716, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,363 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, Ames House 44, London was last sold on 28 Aug 2009 for £550,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2009, the market for similar properties has risen 60.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Ames House 44, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 7, Lyon House 53, Riding House Street, London, W1W 7ED, a Leasehold flat which sold for £889,000 in Nov 2022.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 250 metres radius of Flat 8, Ames House 44, London over the last 2 years.
Most recently Flat 13, St. Andrews Chambers , Wells Street, London, W1T 3PJ, a Leasehold flat let by Your Home Managed in Feb 2024.
Mortimer Street, London, W1 has a total of 98 addresses. According to our analysis of all the public data, Flat 8, Ames House 44, London is the 62nd largest and the 78th most expensive property on the street.
When compared to the postcode district it is £1.112m less expensive than the average property in W1.
Flat 8, Ames House 44, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jul 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 8, Ames House 44, London is Oxford Circus 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, Ames House 44, London, 50.5% of property is privately rented and 31.5% 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, Ames House 44, London, 17.6% of residents are recorded as possessing school level qualifications and 75.6% 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, Ames House 44, London, the average age was 37.9 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, Ames House 44, London, 5.4% 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, Ames House 44, 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.