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Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Gloucester Square is £5,140,548 and the estimated rental value is £22,233 per month.
Gloucester Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
38, Gloucester Square has 31 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated October 2017.
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 38, Gloucester Square is in very good condition we estimate a sale value of £5,397,576 and a rental value of £23,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £4,780,710 and a rental value of £20,677 per month.
Over the last 12 months the sale value of 38 Gloucester Square has decreased by an estimated £209,257 (4.1%) and its rental value has increased by an estimated £710 per month (3.2%), giving an expected gross yield of 5.2%.
38, Gloucester Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2017.
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, 38, Gloucester Square was last sold on 29th October 2021 for £5,610,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since October 2021, the market for similar properties has dropped 12.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 38, Gloucester Square within a radius of 260 metres over the last 2 years.
The most recent example is 8, Gloucester Square, London, W2 2TJ, a freehold house which sold for £4,450,000 on the 1st December 2022.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Square, London, W2 has a total of 106 addresses. According to our analysis of all the public data, 38, Gloucester Square is the 15th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £4.088m more expensive than the average property in W2.
The nearest school is Hampden Gurney CofE Primary School which is 455 metres away. The nearest train station is Paddington which is 400 metres away.
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