Apartment 1010, 3
Apartment 1010, 3
Description & Estimates
According to the public record, Apartment 1010, 3, Merchant Square is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 1010, 3, Merchant Square is £859,018 and the estimated rental value is £4,066 per month.
The apartment is within 3, Merchant Square, London, W2.
Merchant Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Our Data Sources
Apartment 1010, 3, Merchant Square has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated September 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.
Price Range & Condition
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 Apartment 1010, 3, Merchant Square is in very good condition we estimate a sale value of £901,969 and a rental value of £4,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £798,887 and a rental value of £3,781 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 1010, 3, Merchant Square has dropped by £14,920 (1.7%), while its estimated rental value has risen by £201 per month (4.9%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
Apartment 1010, 3, Merchant Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Apartment 1010, 3, Merchant Square was last sold on 5th September 2014 for £655,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has dropped by 14.4%.
- Sold Sep 2014£655,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1010, 3, Merchant Square within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 41, 11, Harbet Road, London, W2 1AJ, a leasehold flat which sold for £145,000 on the 18th November 2025.
Read more about house prices in W2.
- Sold Nov 2025£145,000 | 2 Bed Flat11, Harbet RoadApartment 41, 11, Harbet Road, London, W2 1AJ
- Sold Nov 2022£785,000 | 2 Bed Flat3, Merchant SquareApartment 410, 3, Merchant Square, London, W2 1AZ
- Sold Apr 2022£750,000 | 2 Bed Flat3, Merchant SquareApartment 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
Merchant Square, London, W2 has a total of 155 addresses. According to our analysis of all the public data, Apartment 1010, 3, Merchant Square is the 132nd largest and the 126th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in W2.
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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
More reading links
Public Transport Nearby
The closest station to Apartment 1010, 3, Merchant Square is Edgware Road station, which is 200 metres away.
- 200mEdgware Road
- 500mLondon Paddington
- 500mPaddington
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
