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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 58, Hanover Steps is a mid-century leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 58, Hanover Steps is £1,024,488 and the estimated rental value is £4,821 per month.
Hanover Steps, London, W2 is located in the borough of City of Westminster within the W2 postal district.
58, Hanover Steps has a single entry in the Land Registry from June 2008 and a single entry in the EPC database dated November 2013.
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.
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 58, Hanover Steps is in very good condition we estimate a sale value of £1,075,713 and a rental value of £5,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £952,774 and a rental value of £4,484 per month.
Over the last 12 months the sale value of 58 Hanover Steps has increased by an estimated £1,348 (0.1%) and its rental value has increased by an estimated £340 per month (7.1%), giving an expected gross yield of 5.6%.
58, Hanover Steps has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, 58, Hanover Steps was last sold on 5th June 2008 for £580,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2008, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Hanover Steps within a radius of 200 metres over the last 2 years.
The most recent example is Flat 12A, 1, Hyde Park Square, London, W2 2JZ, a leasehold flat which sold for £1,210,000 on the 13th March 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hanover Steps, London, W2 has a total of 61 addresses. According to our analysis of all the public data, 58, Hanover Steps is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in W2.
The nearest school is Hampden Gurney CofE Primary School which is 300 metres away. The nearest train station is Marble Arch 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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