Apartment 2, 1
Apartment 2, 1
Description & Estimates
Apartment 2, 1, Lancer Square is recorded publicly as a modern leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 2, 1, Lancer Square is £2,584,525 and its rental estimate is £8,718 per month, given the available information and assuming reasonable condition.
1, Lancer Square is a residential building on Lancer Square, London, W8 and falls within the W8 postal district and the London Borough of Kensington and Chelsea.
Our Data Sources
Apartment 2, 1, Lancer Square has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, 1, Lancer Square, we estimate a market value of £2,713,751 and a rental value of £9,154 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £2,403,608 and £8,108 per month respectively.
Recent Market Change
Over the last year, Apartment 2, 1, Lancer Square has seen its estimated sale value drop by £55,263 (2.1%) and its estimated rental value rise by £245 per month (2.8%). This results in an estimated gross rental yield of 4.0%.
Energy Efficiency
Apartment 2, 1, Lancer Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2021.
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 2, 1, Lancer Square completed on 12th August 2021 at £1,695,400 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.3% over the period since August 2021.
- Sold Aug 2021£1,695,400
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 2, 1, Lancer Square have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th January 2022, was Apartment 1, 2, Lancer Square, London, W8 4AX, a leasehold flat which sold for £1,480,000.
Read more about house prices in W8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 310 metres of Apartment 2, 1, Lancer Square.
The latest, in July 2022, was Flat 52, Vicarage Court, Vicarage Gate, London, W8 4HF, a leasehold flat let by Jorgensen Turner.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 40 addresses on Lancer Square, London, W8, Apartment 2, 1, Lancer Square comes out as the 37th largest and the 33rd most expensive in our analysis of the public data.
It is also £132k more expensive than the average property across the W8 district.
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Schools Nearby
- 100mSt Mary Abbots CofE Primary School
- 600mFox Primary School
- 800mSt Barnabas and St Philip's CofE Primary School
- 700mHolland Park School
- 1.4kmThe Cardinal Vaughan Memorial RC School
- 2.0kmWestminster Academy
More reading links
Public Transport Nearby
From Apartment 2, 1, Lancer Square, the nearest station is High Street Kensington, 300 metres away.
- 300mHigh Street Kensington
- 700mNotting Hill Gate
- 900mQueensway
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
