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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 12, Rede Place is a mid-century freehold house with 1,668 ft2 of internal area and sits on a 55.1 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Rede Place is £1,909,226 and the estimated rental value is £8,830 per month.
Rede Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
12, Rede Place has 2 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 12, Rede Place is in very good condition we estimate a sale value of £2,004,688 and a rental value of £9,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,775,580 and a rental value of £8,212 per month.
Over the last 12 months the sale value of 12 Rede Place has decreased by an estimated £51,426 (2.7%) and its rental value has increased by an estimated £318 per month (3.6%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 12, Rede Place sits on a plot of 55m2.
We have plot size data on 11 out of 12 other houses in the postcode and 12, Rede Place sits on the 3rd largest plot.
12, Rede Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Rede Place was last sold on 6th October 2020 for £2,500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has dropped 25.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Rede Place within a radius of 240 metres over the last 2 years.
The most recent example is 20, Princes Mews, London, W2 4NX, a freehold house which sold for £2,000,000 on the 30th June 2021.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rede Place, London, W2 has a total of 14 addresses. According to our analysis of all the public data, 12, Rede Place is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £838k more expensive than the average property in W2.
The nearest school is Hallfield Primary School which is 500 metres away. The nearest train station is Bayswater which is 500 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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