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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Apartment 1007, 3, Merchant Square to be a modern leasehold apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Apartment 1007, 3, Merchant Square has an estimated sale value of £715,413 and an estimated rental value of £3,267 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Merchant Square, London, W2.
Merchant Square, London, W2 lies in the borough of City of Westminster, within the W2 postal district.
Apartment 1007, 3, Merchant Square has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated October 2024.
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.
In very good condition, we estimate Apartment 1007, 3, Merchant Square would be worth £751,184, with a potential rental value of £3,430 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £665,334, with a rental value of £3,038 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 1007, 3, Merchant Square has moved down by £14,964 (2.1%) over the last year. During the same period, its estimated monthly rental value has increased by £155 (4.8%). The property's estimated gross yield is currently 5.5%.
Apartment 1007, 3, Merchant Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Apartment 1007, 3, Merchant Square last changed hands on 19th September 2014, selling for £590,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 20.3% since September 2014.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Apartment 1007, 3, Merchant Square across the last 2 years.
Most recently, Flat 602, Peninsula Apartments 4, Praed Street, London, W2 1JJ, a leasehold flat, sold at £875,000 on the 1st June 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 1007, 3, Merchant Square as the 152nd largest and the 148th most expensive of the 155 addresses on Merchant Square, London, W2.
Against the W2 postcode district average, it is £356k less expensive than the typical property.
Edgware Road station is the nearest stop to Apartment 1007, 3, Merchant Square at 200 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 1007, 3, Merchant Square, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 1007, 3, Merchant Square, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 1007, 3, Merchant Square, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 1007, 3, Merchant Square, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
