As updated by Jorgensen Turner in May 2023, Flat 83, Cranston Court 56, London is a modern 115 year lease apartment with 861 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 115 years remaining on the lease.
The apartment is in Cranston Court, Bloemfontein Road, London, W12.
Bloemfontein Road, London, W12 is located in the borough of Hammersmith and Fulham within the W12 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for Flat 83 Cranston Court 56 London as £527,607 and the rental value as £2,632 per month giving an expected gross yield of 6%.
Jorgensen Turner described the decorative condition as fair in May 2023.
Over the last 12 months the sale value of Flat 83 Cranston Court 56 London has increased by £680 (0.1%) and its rental value has increased by £110 per month (4.2%).
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 83, Cranston Court 56, London is in very good condition we estimate a sale value of £553,988 and rental value of £2,764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,675 and a rental value of £2,448 per month.
If you were able to purchase this property for the estimated value of £527,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,593 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 83, Cranston Court 56, London was last sold on 08 Dec 2023 for £577,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 83, Cranston Court 56, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 164, Cranston Court 56, Bloemfontein Road, London, W12 7FH, a Leasehold flat which sold for £555,000 in Aug 2023.
Read more about house prices in W12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Flat 83, Cranston Court 56, London within a radius of 320 metres over the last 2 years.
Most recently 54A, Ormiston Grove, London, W12 0JS, a Leasehold flat let by Jorgensen Turner in Jul 2024.
Bloemfontein Road, London, W12 has a total of 382 addresses. According to our analysis of all the public data, Flat 83, Cranston Court 56, London is the 104th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in W12.
Flat 83, Cranston Court 56, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 83, Cranston Court 56, London is White City station which is 700 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 83, Cranston Court 56, London, 50.4% of property is privately rented and 21.3% 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 83, Cranston Court 56, London, 14.1% of residents are recorded as possessing school level qualifications and 62.8% 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 83, Cranston Court 56, London, the average age was 34.4 and the most common age was 12.
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 83, Cranston Court 56, London, 1.0% 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 83, Cranston Court 56, 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.