As updated by Jorgensen Turner in Oct 2022, Third Floor Flat, 44, Loftus Road, London is a period apartment with 750 ft2 of internal area comprising 2 bedrooms .
The apartment is in 44, Loftus Road, London, W12.
Loftus Road, London, W12 is located in the borough of Hammersmith and Fulham within the W12 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 Third Floor Flat 44 Loftus Road London as £529,343 and the rental value as £2,584 per month giving an expected gross yield of 5.9%.
Jorgensen Turner described the decorative condition as fair in Oct 2022.
Over the last 12 months the sale value of Third Floor Flat 44 Loftus Road London has increased by £1,552 (0.3%) and its rental value has increased by £115 per month (4.4%).
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, 44, Loftus Road, London is in very good condition we estimate a sale value of £555,811 and rental value of £2,713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,289 and a rental value of £2,403 per month.
If you were able to purchase this property for the estimated value of £529,343, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,602 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 , Third Floor Flat, 44, Loftus Road, London was let once since 2021 with the latest being in Jan 2022 for an undisclosed price.
Since Jan 2022, the market values of similar properties has risen 26%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Third Floor Flat, 44, Loftus Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Basement, 62, Loftus Road, London, W12 7EL, a Leasehold flat which sold for £721,000 in Aug 2023.
Read more about house prices in W12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Third Floor Flat, 44, Loftus Road, London within a radius of 290 metres over the last 2 years.
Most recently Basement, 17, Stanlake Road, London, W12 7HE, a Leasehold flat let by Jorgensen Turner in Feb 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loftus Road, London, W12 has a total of 257 addresses. According to our analysis of all the public data, Third Floor Flat, 44, Loftus Road, London is the 87th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in W12.
The closest station to Third Floor Flat, 44, Loftus Road, London is Shepherd's Bush Market station which is 300 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, 44, Loftus Road, London, 48.3% of property is privately rented and 20.2% 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, 44, Loftus Road, London, 17.3% of residents are recorded as possessing school level qualifications and 79.0% 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, 44, Loftus Road, London, the average age was 35.9 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 Third Floor Flat, 44, Loftus Road, London, 1.2% 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 Third Floor Flat, 44, Loftus Road, 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.