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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Rede Place is £1,116,359 and the estimated rental value is £5,550 per month.
Rede Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
3, Rede Place has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated May 2021.
We combine this information with that 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.
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, Rede Place is in very good condition we estimate a sale value of £1,172,177 and a rental value of £5,827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,038,214 and a rental value of £5,161 per month.
Over the last 12 months the sale value of 3 Rede Place has decreased by an estimated £27,005 (2.4%) and its rental value has increased by an estimated £260 per month (4.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 3, Rede Place sits on a plot of 46m2.
We have plot size data on 11 out of 12 other houses in the postcode and 3, Rede Place sits on the 10th largest plot.
3, Rede Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Rede Place was last sold on 16th January 2023 for £1,000,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Rede Place within a radius of 240 metres over the last 2 years.
The most recent example is 2, Rede Place, London, W2 4TU, a freehold house which sold for £1,100,000 on the 21st March 2025.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rede Place, London, W2 has a total of 14 addresses. According to our analysis of all the public data, 3, Rede Place is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in W2.
The nearest school is Hallfield Primary School which is 528 metres away. The nearest train station is Bayswater which is 500 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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