As updated by Jorgensen Turner in May 2023, Flat B, 11, Third Avenue, London is a period share of freehold apartment with 506 ft2 of internal area comprising 1 bedroom with a garden.
The apartment is in 11, Third Avenue, London, W10.
Third Avenue, London, W10 is located in the borough of City of Westminster within the W10 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 B 11 Third Avenue London as £440,862 and the rental value as £1,760 per month giving an expected gross yield of 4.8%.
Jorgensen Turner described the decorative condition as fair in May 2023.
Over the last 12 months the sale value of Flat B 11 Third Avenue London has increased by £6,559 (1.5%) and its rental value has increased by £79 per month (4.5%).
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 B, 11, Third Avenue, London is in very good condition we estimate a sale value of £462,905 and rental value of £1,848 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,001 and a rental value of £1,637 per month.
If you were able to purchase this property for the estimated value of £440,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,167 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 Jorgensen Turner , Flat B, 11, Third Avenue, London was let once since 2021 with the latest being in May 2023 for an undisclosed price.
Since May 2023, the market values of similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 11, Third Avenue, London within a radius of 156m over the last 2 years.
The most recent example is 40, Ilbert Street, London, W10 4QJ, a Leasehold flat which sold for £490,000 in Jan 2024.
Read more about house prices in W10.
Our network of Estate Agents report 1 let of a property similar to Flat B, 11, Third Avenue, London within a radius of 134m over the last 2 years.
Most recently Flat 25, Birch House 5, Droop Street, London, W10 4EQ, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Apr 2024.
Third Avenue, London, W10 has a total of 272 addresses. According to our analysis of all the public data, Flat B, 11, Third Avenue, London is the 244th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £278k less expensive than the average property in W10.
The closest station to Flat B, 11, Third Avenue, London is Queens Park (London) station which is 700 m 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 B, 11, Third Avenue, London, 57.0% of property is socially rented and 17.5% 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 B, 11, Third Avenue, London, 21.8% of residents are recorded as possessing school level qualifications and 37.4% 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 B, 11, Third Avenue, London, the average age was 37.6 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 B, 11, Third Avenue, London, 0.7% 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 B, 11, Third Avenue, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.