41, Lancaster Mews
41, Lancaster Mews
Description & Estimates
41, Lancaster Mews is described in the public record as a modern house with 1,734 ft2 of internal area, sitting on a 49.8 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 41, Lancaster Mews is £2,171,814 and its rental estimate is £9,980 per month, given the available information and assuming reasonable condition.
Lancaster Mews, London, W2 falls within the W2 postal district, in the borough of City of Westminster.
Our Data Sources
41, Lancaster Mews has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2010.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 41, Lancaster Mews, we estimate a market value of £2,280,405 and a rental value of £10,479 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £2,019,787 and £9,282 per month respectively.
Recent Market Change
Over the last year, 41, Lancaster Mews has seen its estimated sale value decrease by £58,499 (2.7%) and its estimated rental value grow by £359 per month (3.6%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 41, Lancaster Mews as measuring 50 m2.
That makes it the 10th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
41, Lancaster Mews has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jan 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 41, Lancaster Mews completed on 8th April 2005 at £1,135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
- Sold Apr 2005£1,135,000
- Sold Nov 2003£900,000
- Sold Feb 2001£980,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 41, Lancaster Mews have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st April 2022, was 34, Brook Mews North, London, W2 3BW, a freehold house which sold for £2,000,000.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 60 addresses on Lancaster Mews, London, W2, 41, Lancaster Mews comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £1.1m more expensive than the average property across the W2 district.
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Schools Nearby
- 100mSt James & St John Church of England Primary School
- 500mHallfield Primary School
- 1.1kmHampden Gurney CofE Primary School
- 700mMarylebone Boys' School
- 1.3kmWestminster Academy
- 1.7kmPaddington Academy
More reading links
Public Transport Nearby
From 41, Lancaster Mews, the nearest station is Lancaster Gate, 300 metres away.
- 300mLancaster Gate
- 400mPaddington
- 500mLondon Paddington
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
