According to the public record, Flat P, Stone House 9, London is a period leasehold apartment and with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Stone House, Weymouth Street, London, W1.
Weymouth Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat P, Stone House 9, London has 21 entries in the Land Registry database, most recently in March 2016 and 2 entries in the EPC database, most recently in September 2022.
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 P Stone House 9 London as £880,077 and the rental value as £3,460 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat P Stone House 9 London has decreased by £1,611 (0.2%) and its rental value has increased by £216 per month (6.3%).
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 P, Stone House 9, London is in very good condition we estimate a sale value of £924,081 and rental value of £3,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £818,472 and a rental value of £3,217 per month.
If you were able to purchase this property for the estimated value of £880,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,325 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 P, Stone House 9, London was last sold on 24 Mar 2016 for £850,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has dropped 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat P, Stone House 9, London within a radius of 38m over the last 2 years.
The most recent example is Flat 9, Stone House 9, Weymouth Street, London, W1W 6DB, a Leasehold flat which sold for £765,000 in Nov 2023.
Read more about house prices in W1.
Weymouth Street, London, W1 has a total of 282 addresses. According to our analysis of all the public data, Flat P, Stone House 9, London is the 167th largest and the 185th most expensive property on the street.
When compared to the postcode district it is £1.12m less expensive than the average property in W1.
Flat P, Stone House 9, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat P, Stone House 9, London is Great Portland Street station which is 300 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 P, Stone House 9, London, 52.2% of property is privately rented and 38.9% 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 P, Stone House 9, London, 18.1% of residents are recorded as possessing school level qualifications and 75.7% 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 P, Stone House 9, London, the average age was 41 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 P, Stone House 9, London, 8.0% 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 P, Stone House 9, 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.