Our Data Sources
Apartment 1605, 3, Merchant Square has a single entry in the Land Registry from June 2024 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 1605, 3, Merchant Square is in very good condition we estimate a sale value of £1,411,625 and a rental value of £7,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,250,296 and a rental value of £6,351 per month.
Energy Efficiency
Apartment 1605, 3, Merchant Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 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 1605, 3, Merchant Square was last sold on 25th June 2024 for £1,320,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has dropped by 23.3%.
- Sold Jun 2024£1,320,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 170 sales of properties similar to Apartment 1605, 3, Merchant Square within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 1706, 3, Merchant Square, London, W2 1BF, a leasehold flat which sold for £2,000,000 on the 16th May 2025.
Read more about house prices in W2.
- Sold May 2025£2,000,000 | 3 Bed FlatApartment 1706, 3, Merchant Square, London, W2 1BFApartment 1706, 3, Merchant Square, London, W2 1BF
- Sold May 2024£1,350,000 | 3 Bed FlatApartment 1204, 3, Merchant Square, London, W2 1BFApartment 1204, 3, Merchant Square, London, W2 1BF
- Sold Mar 2022£1,350,000 | 3 Bed FlatApartment 1705, 3, Merchant Square, London, W2 1BFApartment 1705, 3, Merchant Square, London, W2 1BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Merchant Square, London, W2 has a total of 155 addresses. According to our analysis of all the public data, Apartment 1605, 3, Merchant Square is the 80th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £291k more expensive than the average property in W2.
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Schools Nearby
- Christ Church Bentinck CofE Primary School500 m away
- Hampden Gurney CofE Primary School600 m away
- St Mary's Bryanston Square CofE School600 m away
- Marylebone Boys' School400 m away
- The St Marylebone CofE School1.4 km away
- Westminster Academy1.4 km away
More reading links
Public Transport Nearby
- Edgware Road|200 m away
- London Paddington|500 m away
- Paddington|500 m away
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.
