16, Lancaster Mews
16, Lancaster Mews
Description & Estimates
According to the public record, 16, Lancaster Mews is a period house with 1,786 ft2 of internal area and sits on a 50.2 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 16, Lancaster Mews is £2,499,309 and the estimated rental value is £10,711 per month.
Lancaster Mews, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Our Data Sources
16, Lancaster Mews has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data 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.
Price Range & Condition
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 16, Lancaster Mews is in very good condition we estimate a sale value of £2,624,274 and a rental value of £11,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,324,357 and a rental value of £9,961 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Lancaster Mews has declined by £67,321 (2.7%), while its estimated rental value has climbed by £385 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 16, Lancaster Mews sits on a plot of 50 m2.
We have plot size data on 18 out of 24 other houses in the postcode and 16, Lancaster Mews sits on the 10th largest plot.
Energy Efficiency
16, Lancaster Mews has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
According to HM Land Registry, 16, Lancaster Mews was last sold on 8th January 1997 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold Jan 1997£315,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lancaster Mews within a radius of 220 metres over the last 2 years.
The most recent example is 27, Lancaster Mews, London, W2 3QE, a freehold house which sold for £3,300,000 on the 6th April 2022.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lancaster Mews, London, W2 has a total of 60 addresses. According to our analysis of all the public data, 16, Lancaster Mews is the 18th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £1.428m more expensive than the average property in W2.
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Schools Nearby
- 0mSt James & St John Church of England Primary School
- 500mHallfield Primary School
- 1.2kmHampden Gurney CofE Primary School
- 700mMarylebone Boys' School
- 1.3kmWestminster Academy
- 1.7kmPaddington Academy
More reading links
Public Transport Nearby
The closest station to 16, Lancaster Mews is Lancaster Gate station, which is 300 metres away.
- 300mLancaster Gate
- 400mPaddington
- 500mLondon Paddington
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
