8, North Rise
8, North Rise
Description & Estimates
8, North Rise is recorded publicly as a mid-century leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 8, North Rise is £533,132 and its rental estimate is £2,714 per month, given the available information and assuming reasonable condition.
North Rise, London, W2 falls within the W2 postal district, in the borough of City of Westminster.
Our Data Sources
8, North Rise has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 8, North Rise, we estimate a market value of £559,788 and a rental value of £2,850 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £495,812 and £2,524 per month respectively.
Recent Market Change
Over the last year, 8, North Rise has seen its estimated sale value drop by £5,007 (0.9%) and its estimated rental value rise by £144 per month (5.3%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
8, North Rise has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 8, North Rise completed on 19th January 2015 at £550,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 36.6% over the period since January 2015.
- Sold Jan 2015£550,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, North Rise have sold within a radius of 190 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2024, was 6, North Rise, London, W2 2YB, a leasehold flat which sold for £650,000.
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 35 addresses on North Rise, London, W2, 8, North Rise comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £538k less expensive than the average property across the W2 district.
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Schools Nearby
- 300mHampden Gurney CofE Primary School
- 700mSt Mary's Bryanston Square CofE School
- 800mChrist Church Bentinck CofE Primary School
- 1.0kmMarylebone Boys' School
- 1.3kmThe St Marylebone CofE School
- 2.0kmWestminster Academy
More reading links
Public Transport Nearby
From 8, North Rise, the nearest station is Marble Arch, 500 metres away.
- 500mMarble Arch
- 600mEdgware Road
- 700mPaddington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
