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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 18, Rex Place is a period freehold house with 2,055 ft2 of internal area and sits on a 81.5 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 18, Rex Place is £4,381,833 and the estimated rental value is £13,000 per month.
Rex Place, London, W1 is located in the borough of City of Westminster within the W1 postal district.
18, Rex Place has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 18, Rex Place is in very good condition we estimate a sale value of £4,600,925 and a rental value of £13,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £4,075,105 and a rental value of £12,090 per month.
Over the last 12 months the sale value of 18 Rex Place has decreased by an estimated £24,388 (0.6%) and its rental value has increased by an estimated £791 per month (6.1%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 18, Rex Place sits on a plot of 82m2.
18, Rex Place has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Mar 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Rex Place was last sold on 10th June 2021 for £4,000,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has dropped 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Rex Place within a radius of 410 metres over the last 2 years.
The most recent example is 15, Waverton Street, London, W1J 5QP, a freehold house which sold for £3,100,000 on the 15th September 2023.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rex Place, London, W1 has a total of 9 addresses. According to our analysis of all the public data, 18, Rex Place is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £2.273m more expensive than the average property in W1.
The nearest school is St George's Hanover Square CofE Primary School which is 200 metres away. The nearest train station is Hyde Park Corner which is 600 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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