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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Stanhope Place is £3,562,685 and the estimated rental value is £16,896 per month.
Stanhope Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
7, Stanhope Place has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Stanhope Place is in very good condition we estimate a sale value of £3,740,819 and a rental value of £17,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,313,297 and a rental value of £15,713 per month.
Over the last 12 months the sale value of 7 Stanhope Place has decreased by an estimated £120,342 (3.4%) and its rental value has increased by an estimated £535 per month (3.2%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 7, Stanhope Place sits on a plot of 82m2.
We have plot size data on 3 out of 3 other houses in the postcode and 7, Stanhope Place sits on the 6th largest plot.
7, Stanhope Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Stanhope Place was last sold on 7th June 2021 for £3,461,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Stanhope Place within a radius of 260 metres over the last 2 years.
The most recent example is 7, Albion Street, London, W2 2AS, a freehold house which sold for £4,175,000 on the 8th June 2022.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Place, London, W2 has a total of 50 addresses. According to our analysis of all the public data, 7, Stanhope Place is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £2.491m more expensive than the average property in W2.
The nearest school is Hampden Gurney CofE Primary School which is 400 metres away. The nearest train station is Marble Arch which is 300 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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