According to the public record, Flat 9, 23, Newman Street, London is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 23, Newman Street, London, W1.
Newman Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 9, 23, Newman Street, London has a single entry in the Land Registry database from June 2012 and a single entry in the EPC database dated October 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 9 23 Newman Street London as £905,134 and the rental value as £3,332 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 9 23 Newman Street London has increased by £2,134 (0.2%) and its rental value has increased by £230 per month (6.9%).
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, 23, Newman Street, London is in very good condition we estimate a sale value of £950,391 and rental value of £3,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £841,775 and a rental value of £3,099 per month.
If you were able to purchase this property for the estimated value of £905,134, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,448 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, 23, Newman Street, London was last sold on 29 Jun 2012 for £845,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2012, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 23, Newman Street, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 7, 23, Newman Street, London, W1T 1PN, a Leasehold flat which sold for £1,050,000 in Jul 2023.
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 290 metres radius of Flat 9, 23, Newman Street, 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.
Newman Street, London, W1 has a total of 202 addresses. According to our analysis of all the public data, Flat 9, 23, Newman Street, London is the 89th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £1.095m less expensive than the average property in W1.
Flat 9, 23, Newman Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2021.
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 9, 23, Newman Street, London is Goodge Street 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 9, 23, Newman Street, London, 46.5% of property is privately rented and 29.0% is socially rented.
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, 23, Newman Street, London, 20.5% of residents are recorded as possessing school level qualifications and 67.1% 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, 23, Newman Street, 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 9, 23, Newman Street, London, 4.6% 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, 23, Newman Street, 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.