Apartment 3, 1
Apartment 3, 1
Description & Estimates
According to the public record, Apartment 3, 1, Lancer Square is a modern leasehold apartment with 1,087 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 3, 1, Lancer Square is £3,830,550 and the estimated rental value is £12,634 per month.
The apartment is within 1, Lancer Square, London, W8.
Lancer Square, London, W8 is located in the borough of Kensington and Chelsea within the W8 postal district.
Our Data Sources
Apartment 3, 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
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 3, 1, Lancer Square is in very good condition we estimate a sale value of £4,022,078 and a rental value of £13,266 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,562,412 and a rental value of £11,750 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 3, 1, Lancer Square has moved down by £66,957 (1.7%), while its estimated rental value has increased by £446 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Energy Efficiency
Apartment 3, 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
According to HM Land Registry, Apartment 3, 1, Lancer Square was last sold on 12th August 2021 for £4,380,700 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 dropped by 10.4%.
- Sold Aug 2021£4,380,700
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 3, 1, Lancer Square within a radius of 310 metres over the last 2 years.
The most recent example is Apartment 5, 1, Lancer Square, London, W8 4AX, a leasehold flat which sold for £1,979,600 on the 12th August 2021.
Read more about house prices in W8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Our network of Estate Agents reports 1 let within 310 metres of Apartment 3, 1, Lancer Square over the last 2 years.
Most recently, Flat 52, Vicarage Court, Vicarage Gate, London, W8 4HF, a leasehold flat, was let by Jorgensen Turner in July 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Lancer Square, London, W8 has a total of 40 addresses. According to our analysis of all the public data, Apartment 3, 1, Lancer Square is the 30th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £1.378m more expensive than the average property in W8.
More reading links
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
The closest station to Apartment 3, 1, Lancer Square is High Street Kensington station, which is 300 metres away.
- 300mHigh Street Kensington
- 700mNotting Hill Gate
- 900mQueensway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
