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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Junction Place is £1,513,504 and the estimated rental value is £7,153 per month.
Junction Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
2, Junction Place has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Junction Place is in very good condition we estimate a sale value of £1,589,179 and a rental value of £7,511 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,407,558 and a rental value of £6,653 per month.
Over the last 12 months the sale value of 2 Junction Place has decreased by an estimated £37,954 (2.5%) and its rental value has increased by an estimated £275 per month (3.8%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Junction Place sits on a plot of 53m2.
We have plot size data on 4 out of 5 other houses in the postcode and 2, Junction Place sits on the largest plot.
2, Junction Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Junction Place within a radius of 230 metres over the last 2 years.
The most recent example is 15, Junction Mews, London, W2 1PN, a leasehold house which sold for £1,375,000 on the 21st June 2024.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Junction Place, London, W2 has a total of 5 addresses. According to our analysis of all the public data, 2, Junction Place is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £461k more expensive than the average property in W2.
The nearest school is Marylebone Boys' School which is 421 metres away. The nearest train station is Edgware Road which is 300 metres away.
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