Our Data Sources
Apartment 306, 3, Merchant Square has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated October 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
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 306, 3, Merchant Square, we estimate a market value of £623,649 and a rental value of £3,147 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £552,375 and £2,787 per month respectively.
Energy Efficiency
Apartment 306, 3, Merchant Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Apartment 306, 3, Merchant Square completed on 22nd September 2014 at £580,000 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 dropped by 21.0% over the period since September 2014.
- Sold Sep 2014£580,000
Similar Properties Sold Nearby
Over the past 2 years 70 properties similar to Apartment 306, 3, Merchant Square have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2025, was Flat 713, Balmoral Apartments 2, Praed Street, London, W2 1JN, a leasehold flat which sold for £650,000.
Read more about house prices in W2.
- Sold Mar 2025£650,000 | 1 Bed FlatFlat 713, Balmoral Apartments 2, Praed Street, London, W2 1JNFlat 713, Balmoral Apartments 2, Praed Street, London, W2 1JN
- Sold Feb 2025£535,000 | 1 Bed FlatFlat 1108, Balmoral Apartments 2, Praed Street, London, W2 1JNFlat 1108, Balmoral Apartments 2, Praed Street, London, W2 1JN
- Sold Aug 2024£540,000 | 1 Bed FlatFlat 410, Peninsula Apartments 4, Praed Street, London, W2 1JEFlat 410, Peninsula Apartments 4, Praed Street, London, W2 1JE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 155 addresses on Merchant Square, London, W2, Apartment 306, 3, Merchant Square comes out as the 154th largest and the 154th most expensive in our analysis of the public data.
It is also £459k less expensive than the average property across the W2 district.
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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
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
