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According to the public record, Apartment 2, 20, The Piazza is a period leasehold apartment with 1,948 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 2, 20, The Piazza is £4,790,488 and the estimated rental value is £15,786 per month.
The apartment is within 20, The Piazza, London, WC2.
The Piazza, London, WC2 is located in the borough of City of Westminster within the WC2 postal district.
Apartment 2, 20, The Piazza has a single entry in the Land Registry from May 2013 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, 20, The Piazza is in very good condition we estimate a sale value of £5,030,012 and a rental value of £16,575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £4,455,154 and a rental value of £14,681 per month.
Over the past 12 months, the estimated sale value of Apartment 2, 20, The Piazza has climbed by £22,590 (0.5%), while its estimated rental value has risen by £1,158 per month (7.3%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Apartment 2, 20, The Piazza has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jan 2022.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Apartment 2, 20, The Piazza was last sold on 24th May 2013 for £5,000,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has dropped by 4.9%.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Apartment 2, 20, The Piazza within a radius of 310 metres over the last 2 years.
The most recent example is Unit 105, 25, Floral Street, London, WC2E 9DS, a leasehold flat which sold for £4,437,500 on the 18th September 2019.
Read more about house prices in WC2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Piazza, London, WC2 has a total of 12 addresses. According to our analysis of all the public data, Apartment 2, 20, The Piazza is the 10th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £3.622m more expensive than the average property in WC2.
The closest station to Apartment 2, 20, The Piazza is Covent Garden station, which is 200 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, 20, The Piazza, 52.6% of property is privately rented and 19.5% 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, 20, The Piazza, 42.1% of residents are recorded as possessing school level qualifications and 67.6% 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, 20, The Piazza, the average age was 39.5 and the most common age was 22.
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, 20, The Piazza, 2.9% 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, 20, The Piazza, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
