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2 Observatory Gardens is a residential building situated on Observatory Gardens, London, W8 with 8 addresses.
It ranks as the 816th largest and 850th most expensive of the 1,069 buildings in the W8 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 8 properties: 8 flats.
2 Observatory Gardens is a residential building situated on Observatory Gardens, London, W8 with 8 addresses.
It ranks as the 816th largest and 850th most expensive of the 1,069 buildings in the W8 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 8 properties: 8 flats.
Sale prices range from £862,243 for 1 bedroom leasehold flats (462 ft2) to £2,476,288 for 3 bedroom leasehold flats (1,248 ft2) .
Monthly rental prices range from £2,948 pcm for 1 bed flats to £7,953 pcm for 3 bed flats.
The gross rental yield is between 3.9% and 4.1%.
The average value per square foot is £1,976.
The last sale in 2 Observatory Gardens sold for £2,612,000 on 1st February 2019. Since then prices are down an average of 3.5%.
The current average value in the building is £1,921,363.
The 2 Observatory Gardens Sales Market has decreased by 14.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1% | £1,921,363 |
| May 2025 | -4.9% | £1,940,610 |
| May 2024 | 0% | £2,040,092 |
| May 2023 | -2.1% | £2,039,379 |
| May 2022 | 3.6% | £2,083,210 |
| May 2021 | 1.1% | £2,011,585 |
| May 2020 | -0.4% | £1,990,190 |
| May 2019 | -2.2% | £1,998,389 |
| May 2018 | -3.5% | £2,043,548 |
| May 2017 | -6.1% | £2,118,025 |
| May 2016 | -1.3% | £2,256,521 |
| May 2015 | -1.8% | £2,285,987 |
| May 2014 | 15.2% | £2,327,944 |
| May 2013 | 10.4% | £2,021,559 |
| May 2012 | 14.1% | £1,831,949 |
| May 2011 | 5.2% | £1,605,921 |
| May 2010 | 16.9% | £1,526,633 |
| May 2009 | -8% | £1,306,455 |
| May 2008 | 11.8% | £1,420,594 |
| May 2007 | 0% | £1,270,498 |
The current average rental value in the building is £6,301.
The 2 Observatory Gardens Rental Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.4% | £6,301pcm |
| May 2025 | 2.6% | £6,038pcm |
| May 2024 | -0.7% | £5,886pcm |
| May 2023 | 17.1% | £5,925pcm |
| May 2022 | 20.6% | £5,058pcm |
| May 2021 | -7.8% | £4,195pcm |
| May 2020 | -0.6% | £4,550pcm |
| May 2019 | 2.6% | £4,579pcm |
| May 2018 | -0.2% | £4,465pcm |
| May 2017 | -4.7% | £4,475pcm |
| May 2016 | -1.1% | £4,697pcm |
| May 2015 | 0.5% | £4,750pcm |
| May 2014 | 2.9% | £4,727pcm |
| May 2013 | -2.9% | £4,594pcm |
| May 2012 | 1.1% | £4,734pcm |
| May 2011 | 12.5% | £4,682pcm |
| May 2010 | 9.9% | £4,162pcm |
| May 2009 | -11.5% | £3,789pcm |
| May 2008 | 8.1% | £4,283pcm |
| May 2007 | 0% | £3,961pcm |
The last sale was on 1st February 2019 for £2,612,000 and since then the market in the area has decreased by 3.5%. The building has had a total of 11 sales since 1995.
2, Observatory Gardens, London, W8 7HY has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Observatory Gardens, London, W8 7HY is High Street Kensington station which is 400 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Observatory Gardens, London, W8 7HY, 60.0% of property is privately rented and 30.0% 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 2, Observatory Gardens, London, W8 7HY, 13.9% of residents are recorded as possessing school level qualifications and 72.0% 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 2, Observatory Gardens, London, W8 7HY, the average age was 40.1 and the most common age was 47.
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 2, Observatory Gardens, London, W8 7HY, 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 2, Observatory Gardens, London, W8 7HY, 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.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.