According to the public record, Ground Floor Flat, 38, Westbourne Terrace, London is a period leasehold apartment with 2,669 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a garden.
The apartment is in 38, Westbourne Terrace, London, W2.
Westbourne Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Ground Floor Flat, 38, Westbourne Terrace, London has 21 entries in the Land Registry database, most recently in June 2016 and a single entry in the EPC database dated November 2015.
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 Ground Floor Flat 38 Westbourne Terrace London as £2,671,743 and the rental value as £10,108 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Ground Floor Flat 38 Westbourne Terrace London has increased by £137,997 (5.2%) and its rental value has increased by £691 per month (6.8%).
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 Ground Floor Flat, 38, Westbourne Terrace, London is in very good condition we estimate a sale value of £2,805,330 and rental value of £10,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,484,721 and a rental value of £9,401 per month.
If you were able to purchase this property for the estimated value of £2,671,743, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £13,131 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, Ground Floor Flat, 38, Westbourne Terrace, London was last sold on 17 Jun 2016 for £3,350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2016, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 210 metres radius of Ground Floor Flat, 38, Westbourne Terrace, London over the last 2 years.
The most recent example is Flat 4, 36, Westbourne Terrace, London, W2 3UH, a Leasehold flat which sold for £680,000 in Jun 2021.
Read more about house prices in W2.
Westbourne Terrace, London, W2 has a total of 884 addresses. According to our analysis of all the public data, Ground Floor Flat, 38, Westbourne Terrace, London is the 8th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £1.557m more expensive than the average property in W2.
Ground Floor Flat, 38, Westbourne Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 38, Westbourne Terrace, London is Paddington station which is 200 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 Ground Floor Flat, 38, Westbourne Terrace, London, 65.8% of property is privately rented and 18.4% 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 Ground Floor Flat, 38, Westbourne Terrace, London, 18.6% of residents are recorded as possessing school level qualifications and 67.7% 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 Ground Floor Flat, 38, Westbourne Terrace, London, the average age was 37.3 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 Ground Floor Flat, 38, Westbourne Terrace, London, 3.5% 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 Ground Floor Flat, 38, Westbourne Terrace, 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.