Our Data Sources
Apartment 1006, 3, Merchant Square has 2 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated July 2014.
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 Apartment 1006, 3, Merchant Square, we estimate a market value of £887,007 and a rental value of £4,196 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £785,635 and £3,716 per month respectively.
Energy Efficiency
Apartment 1006, 3, Merchant Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jul 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Apartment 1006, 3, Merchant Square completed on 24th October 2017 at £865,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 11.7% over the period since October 2017.
- Sold Oct 2017£865,000
- Sold Sep 2014£630,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 1006, 3, Merchant Square have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th January 2023, was Apartment 610, 3, Merchant Square, London, W2 1AZ, a leasehold flat which sold for £865,000.
Read more about house prices in W2.
- Sold Jan 2023£865,000 | 2 Bed FlatApartment 610, 3, Merchant Square, London, W2 1AZApartment 610, 3, Merchant Square, London, W2 1AZ
- Sold Nov 2022£785,000 | 2 Bed FlatApartment 410, 3, Merchant Square, London, W2 1AZApartment 410, 3, Merchant Square, London, W2 1AZ
- Sold Apr 2022£750,000 | 2 Bed FlatApartment 1506, 3, Merchant Square, London, W2 1BFApartment 1506, 3, Merchant Square, London, W2 1BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 155 addresses on Merchant Square, London, W2, Apartment 1006, 3, Merchant Square comes out as the 135th largest and the 128th most expensive in our analysis of the public data.
It is also £227k less expensive than the average property across the W2 district.
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Schools Nearby
- 500mChrist Church Bentinck CofE Primary School
- 600mHampden Gurney CofE Primary School
- 600mSt Mary's Bryanston Square CofE School
- 400mMarylebone Boys' School
- 1.4kmThe St Marylebone CofE School
- 1.4kmWestminster Academy
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Public Transport Nearby
- 200mEdgware Road
- 500mLondon Paddington
- 500mPaddington
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.
