According to the public record, Second Floor Flat, 5, St. Marys Terrace, London is a period leasehold apartment with 444 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 5, St. Marys Terrace, London, W2.
St. Marys Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Second Floor Flat, 5, St. Marys Terrace, London has a single entry in the Land Registry database from August 2015 and a single entry in the EPC database dated December 2009.
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 Second Floor Flat 5 St. Marys Terrace London as £468,558 and the rental value as £2,065 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Second Floor Flat 5 St. Marys Terrace London has increased by £11,843 (2.5%) and its rental value has increased by £114 per month (5.5%).
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 Second Floor Flat, 5, St. Marys Terrace, London is in very good condition we estimate a sale value of £491,986 and rental value of £2,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,759 and a rental value of £1,921 per month.
If you were able to purchase this property for the estimated value of £468,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,303 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, Second Floor Flat, 5, St. Marys Terrace, London was last sold on 28 Aug 2015 for £470,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has dropped 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 5, St. Marys Terrace, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 1A, Alexandra House, St. Marys Terrace, London, W2 1SF, a Leasehold flat which sold for £430,000 in Dec 2022.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Terrace, London, W2 has a total of 196 addresses. According to our analysis of all the public data, Second Floor Flat, 5, St. Marys Terrace, London is the 182nd largest and the 179th most expensive property on the street.
When compared to the postcode district it is £646k less expensive than the average property in W2.
Second Floor Flat, 5, St. Marys Terrace, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Dec 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Second Floor Flat, 5, St. Marys Terrace, London is London Paddington station which is 500 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 Second Floor Flat, 5, St. Marys Terrace, London, 42.7% of property is socially rented and 36.0% 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 Second Floor Flat, 5, St. Marys Terrace, London, 25.8% of residents are recorded as possessing school level qualifications and 58.3% 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, 5, St. Marys Terrace, London, the average age was 37 and the most common age was 22.
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, 5, St. Marys Terrace, London, 2.0% 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 Second Floor Flat, 5, St. Marys Terrace, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.