As updated by Jorgensen Turner in Jun 2022, Second Floor Flat, 39, Addison Gardens, London is a period share of freehold apartment with 687 ft2 of internal area comprising 2 bedrooms .
The apartment is in 39, Addison Gardens, London, W14.
Addison Gardens, London, W14 is located in the borough of Hammersmith and Fulham within the W14 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 Second Floor Flat 39 Addison Gardens London as £699,554 and the rental value as £2,149 per month giving an expected gross yield of 3.7%.
Jorgensen Turner described the decorative condition as fair in Jun 2022.
Over the last 12 months the sale value of Second Floor Flat 39 Addison Gardens London has increased by £15,186 (2.2%) and its rental value has increased by £81 per month (3.8%).
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 Second Floor Flat, 39, Addison Gardens, London is in very good condition we estimate a sale value of £734,532 and rental value of £2,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £650,585 and a rental value of £1,998 per month.
If you were able to purchase this property for the estimated value of £699,554, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,438 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 , Second Floor Flat, 39, Addison Gardens, London was let once since 2021 with the latest being in Aug 2022 for an undisclosed price.
Since Aug 2022, the market values of similar properties has risen 15.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 39, Addison Gardens, London within a radius of 230m over the last 2 years.
The most recent example is Flat E, 77, Elsham Road, London, W14 8HH, a Leasehold flat which sold for £720,000 in Apr 2024.
Read more about house prices in W14.
Our network of Estate Agents report 1 let of a property similar to Second Floor Flat, 39, Addison Gardens, London within a radius of 15m over the last 2 years.
Most recently Second Floor Flat, 35, Addison Gardens, London, W14 0DP, a Leasehold flat let by Jorgensen Turner for an undisclosed amount in Nov 2022.
Addison Gardens, London, W14 has a total of 179 addresses. According to our analysis of all the public data, Second Floor Flat, 39, Addison Gardens, London is the 118th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £327k less expensive than the average property in W14.
The closest station to Second Floor Flat, 39, Addison Gardens, London is Kensington Olympia station which is 500 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 Second Floor Flat, 39, Addison Gardens, London, 58.0% of property is privately rented and 18.8% is privately owned with a mortgage.
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 Second Floor Flat, 39, Addison Gardens, London, 17.0% of residents are recorded as possessing school level qualifications and 61.1% 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 Second Floor Flat, 39, Addison Gardens, London, the average age was 36.9 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 Second Floor Flat, 39, Addison Gardens, London, 4.2% 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 Second Floor Flat, 39, Addison Gardens, 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.