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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Apartment 2, 2, Lancer Square is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 651 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 2, 2, Lancer Square is £2,283,590 and the estimated rental value is £7,812 per month.
The apartment is within 2, Lancer Square, London, W8.
Lancer Square, London, W8 is located in the borough of Kensington and Chelsea within the W8 postal district.
Apartment 2, 2, Lancer Square has a single entry in the Land Registry from August 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 2, 2, Lancer Square is in very good condition we estimate a sale value of £2,397,770 and a rental value of £8,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,123,739 and a rental value of £7,265 per month.
Over the last 12 months the sale value of Apartment 2 2 Lancer Square has decreased by an estimated £48,828 (2.1%) and its rental value has increased by an estimated £219 per month (2.8%), giving an expected gross yield of 4.1%.
According to HM Land Registry, Apartment 2, 2, Lancer Square was last sold on 12th August 2021 for £1,320,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 2, Lancer Square within a radius of 310 metres over the last 2 years.
The most recent example is Apartment 1, 2, Lancer Square, London, W8 4AX, a leasehold flat which sold for £1,480,000 on the 25th January 2022.
Read more about house prices in W8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of Apartment 2, 2, Lancer Square over the last 2 years.
Most recently Flat 52, Vicarage Court, Vicarage Gate, London, W8 4HF, a leasehold flat let by Jorgensen Turner in July 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancer Square, London, W8 has a total of 40 addresses. According to our analysis of all the public data, Apartment 2, 2, Lancer Square is the 40th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in W8.
The closest station to Apartment 2, 2, Lancer Square is High Street Kensington station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2, 2, Lancer Square, 69.4% of property is privately rented and 21.2% is privately owned outright.
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 2, 2, Lancer Square, 16.1% of residents are recorded as possessing school level qualifications and 65.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 2, 2, Lancer Square, the average age was 40.1 and the most common age was 47.
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 2, 2, Lancer Square, 4.4% 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 2, 2, Lancer Square, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
