45, Lancaster Mews
45, Lancaster Mews
Description & Estimates
45, Lancaster Mews is recorded publicly as a period freehold house across 1,754 ft2 of internal area, sitting on a 71 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 45, Lancaster Mews is £2,196,548 and its rental estimate is £10,070 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
45, Lancaster Mews has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 45, Lancaster Mews, we estimate a market value of £2,306,376 and a rental value of £10,573 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £2,042,790 and £9,365 per month respectively.
Recent Market Change
Over the last year, 45, Lancaster Mews has seen its estimated sale value decline by £59,165 (2.7%) and its estimated rental value climb by £362 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 45, Lancaster Mews as measuring 71 m2.
That makes it the 4th largest plot in the postcode, where 6 of the 11 other houses have recorded plot data.
Energy Efficiency
45, Lancaster Mews has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jul 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 45, Lancaster Mews completed on 1st March 2022 at £1,927,850 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 9.4% over the period since March 2022.
- Sold Mar 2022£1,927,850
- Sold Feb 2006£1,215,000
- Sold Apr 2001£540,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, Lancaster Mews have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th November 2024, was 35, Lancaster Mews, London, W2 3QF, a freehold house which sold for £1,645,000.
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, 45, Lancaster Mews comes out as the 20th largest and the 18th most expensive in our analysis of the public data.
It is also £1.125m 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 45, 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.
