According to the public record, Third Floor Flat, 26, Westbourne Grove, London is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 26, Westbourne Grove, London, W2.
Westbourne Grove, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Third Floor Flat, 26, Westbourne Grove, London has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated August 2020.
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 Third Floor Flat 26 Westbourne Grove London as £1,356,116 and the rental value as £4,552 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Third Floor Flat 26 Westbourne Grove London has increased by £54,839 (4.0%) and its rental value has increased by £256 per month (5.6%).
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 Third Floor Flat, 26, Westbourne Grove, London is in very good condition we estimate a sale value of £1,423,922 and rental value of £4,780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,261,188 and a rental value of £4,234 per month.
If you were able to purchase this property for the estimated value of £1,356,116, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,665 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, Third Floor Flat, 26, Westbourne Grove, London was last sold on 21 Feb 2022 for £1,210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Third Floor Flat, 26, Westbourne Grove, London within a radius of 190 metres over the last 2 years.
The most recent example is Flat 402, Westbourne House 14-16 , Westbourne Grove, London, W2 5RH, a Leasehold flat which sold for £1,325,000 in Sep 2017.
Read more about house prices in W2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 190 metres radius of Third Floor Flat, 26, Westbourne Grove, London over the last 2 years.
Most recently Flat 121, Arthur Court, Queensway, London, W2 5HP, a Leasehold flat let by Fine Living in Feb 2023.
Westbourne Grove, London, W2 has a total of 288 addresses. According to our analysis of all the public data, Third Floor Flat, 26, Westbourne Grove, London is the 68th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £242k more expensive than the average property in W2.
Third Floor Flat, 26, Westbourne Grove, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Air source heat pump, warm air, electric.
The closest station to Third Floor Flat, 26, Westbourne Grove, London is Royal Oak station which is 400 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 Third Floor Flat, 26, Westbourne Grove, London, 50.2% of property is privately rented and 29.3% is socially 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 Third Floor Flat, 26, Westbourne Grove, London, 12.5% of residents are recorded as possessing school level qualifications and 72.3% 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 Third Floor Flat, 26, Westbourne Grove, London, the average age was 38.4 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 Third Floor Flat, 26, Westbourne Grove, London, 3.0% 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 Third Floor Flat, 26, Westbourne Grove, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.