According to the public record, Flat 93, Oversley House, London is a mid-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Oversley House, Alfred Road, London, W2.
Alfred Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 93, Oversley House, London has 3 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated June 2020.
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 93 Oversley House London as £271,658 and the rental value as £1,194 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 93 Oversley House London has increased by £477 (0.2%) and its rental value has increased by £33 per month (2.8%).
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 93, Oversley House, London is in very good condition we estimate a sale value of £285,241 and rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,642 and a rental value of £1,110 per month.
If you were able to purchase this property for the estimated value of £271,658, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,335 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 93, Oversley House, London was last sold on 14 Aug 2014 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2014, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 93, Oversley House, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 105, Wilmcote House, Woodchester Square, London, W2 5ST, a Leasehold flat which sold for £280,000 in Jun 2018.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 260 metres radius of Flat 93, Oversley House, London over the last 2 years.
Most recently Flat 6, 324, Harrow Road, London, W9 2HJ, a Leasehold flat let by Jorgensen Turner in Jan 2023.
Alfred Road, London, W2 has a total of 363 addresses. According to our analysis of all the public data, Flat 93, Oversley House, London is the 285th largest and the 281st most expensive property on the street.
When compared to the postcode district it is £843k less expensive than the average property in W2.
Flat 93, Oversley House, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 93, Oversley House, London is Westbourne Park station which is 400 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 93, Oversley House, London, 81.4% of property is socially rented and 11.0% is privately 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 93, Oversley House, London, 33.5% of residents are recorded as possessing school level qualifications and 25.4% 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 93, Oversley House, London, the average age was 36.3 and the most common age was 32.
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 93, Oversley House, London, 0.3% 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 93, Oversley House, 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.