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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 3, Junction Place is £1,761,476 and the estimated rental value is £8,023 per month.
Junction Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
3, Junction Place has 21 entries in the Land Registry , most recently in October 2012 and a single entry in the EPC database dated September 2019.
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.
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 3, Junction Place is in very good condition we estimate a sale value of £1,849,550 and a rental value of £8,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,638,173 and a rental value of £7,461 per month.
Over the last 12 months the sale value of 3 Junction Place has decreased by an estimated £44,172 (2.5%) and its rental value has increased by an estimated £308 per month (3.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 3, Junction Place sits on a plot of 51m2.
We have plot size data on 4 out of 5 other houses in the postcode and 3, Junction Place sits on the 2nd largest plot.
3, Junction Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Sep 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Junction Place was last sold on 31st October 2012 for £1,355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2012, the market for similar properties has risen 37.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Junction Place within a radius of 230 metres over the last 2 years.
The most recent example is 39, Star Street, London, W2 1QB, a freehold house which sold for £1,950,000 on the 28th March 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, 3, Junction Place is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £709k 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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