According to the public record, Flat 9, 1, Chepstow Place, London is a modern leasehold apartment with 1,057 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Chepstow Place, London, W2.
Chepstow Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 9, 1, Chepstow Place, London has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated September 2011.
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 9 1 Chepstow Place London as £1,432,659 and the rental value as £4,965 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Flat 9 1 Chepstow Place London has increased by £57,934 (4.0%) and its rental value has increased by £279 per month (5.6%).
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 9, 1, Chepstow Place, London is in very good condition we estimate a sale value of £1,504,292 and rental value of £5,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,332,373 and a rental value of £4,617 per month.
If you were able to purchase this property for the estimated value of £1,432,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,041 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 9, 1, Chepstow Place, London was last sold on 25 Feb 2021 for £1,300,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 1, Chepstow Place, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 51, 1, Chepstow Place, London, W2 4TE, a Leasehold flat which sold for £1,690,000 in Jan 2023.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chepstow Place, London, W2 has a total of 181 addresses. According to our analysis of all the public data, Flat 9, 1, Chepstow Place, London is the 63rd largest and the 75th most expensive property on the street.
When compared to the postcode district it is £318k more expensive than the average property in W2.
Flat 9, 1, Chepstow Place, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 9, 1, Chepstow Place, London is Bayswater station which is 500 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 9, 1, Chepstow Place, London, 66.5% of property is privately rented and 20.1% 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 9, 1, Chepstow Place, London, 9.5% of residents are recorded as possessing school level qualifications and 76.2% 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 9, 1, Chepstow Place, London, the average age was 38.4 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 9, 1, Chepstow Place, London, 1.5% 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 9, 1, Chepstow Place, 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.