Apartment 1102, 3
Apartment 1102, 3
Description & Estimates
According to the public record, Apartment 1102, 3, Merchant Square is a modern apartment with 1,162 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 1102, 3, Merchant Square is £1,617,078 and the estimated rental value is £8,048 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 1102, 3, Merchant Square has no records in the the Land Registry and a single entry in the EPC database dated July 2014.
We combine this information with public data 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 1102, 3, Merchant Square is in very good condition we estimate a sale value of £1,697,932 and a rental value of £8,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,503,883 and a rental value of £7,485 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 1102, 3, Merchant Square has dropped by £16,517 (1.0%), while its estimated rental value has risen by £460 per month (5.7%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Apartment 1102, 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.
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 1102, 3, Merchant Square within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 1503, 3, Merchant Square, London, W2 1BF, a leasehold flat which sold for £2,300,000 on the 29th May 2025.
Read more about house prices in W2.
- Sold May 2025£2,300,000 | 3 Bed Flat3, Merchant SquareApartment 1503, 3, Merchant Square, London, W2 1BF
- Sold Jan 2025£1,280,000 | 3 Bed Flat3, Merchant SquareApartment 1005, 3, Merchant Square, London, W2 1BF
- Sold Dec 2022£2,600,000 | 3 Bed Flat3, Merchant SquareApartment 1209, 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 1102, 3, Merchant Square is the 48th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £546k more 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
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Public Transport Nearby
The closest station to Apartment 1102, 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.
