28, Formosa Street
28, Formosa Street
Description & Estimates
Public records show 28, Formosa Street to be a period freehold house with 2,448 ft2 of internal area, sitting on a 130 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
28, Formosa Street has an estimated sale value of £3,387,286 and an estimated rental value of £11,115 per month, assuming reasonable condition and based on the information available.
Formosa Street, London, W9 lies in the borough of City of Westminster, within the W9 postal district.
Our Data Sources
28, Formosa Street has a single entry in the Land Registry from April 2020 and a single entry in the EPC database dated December 2011.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 28, Formosa Street would be worth £3,556,650, with a potential rental value of £11,671 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £3,150,176, with a rental value of £10,337 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 28, Formosa Street has fallen by £77,978 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £336 (3.0%). The property's estimated gross yield is currently 3.9%.
Plot Size
28, Formosa Street occupies a 130 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
28, Formosa Street has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Dec 2011.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
28, Formosa Street last changed hands on 8th April 2020, selling for £3,450,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 35.0% since April 2020.
- Sold Apr 2020£3,450,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 240 metres of 28, Formosa Street across the last 2 years.
Most recently, 30, Formosa Street, London, W9 2QA, a freehold house, sold at £3,800,000 on the 4th October 2022.
Read more about house prices in W9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 28, Formosa Street as the 5th largest and the 5th most expensive of the 101 addresses on Formosa Street, London, W9.
Against the W9 postcode district average, it is £2.604m more expensive than the typical property.
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Schools Nearby
- 100mSt Saviour's CofE Primary School
- 300mSt Mary Magdalene & St Stephen's CofE Primary School
- 400mSt Joseph's RC Primary School
- 500mPaddington Academy
- 600mWestminster Academy
- 900mMarylebone Boys' School
More reading links
Public Transport Nearby
Warwick Avenue station is the nearest stop to 28, Formosa Street at 200 metres away.
- 200mWarwick Avenue
- 600mMaida Vale
- 600mRoyal Oak
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
