Our Data Sources
Apartment 502, 3, Merchant Square has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated July 2014.
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
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 502, 3, Merchant Square is in very good condition we estimate a sale value of £1,529,290 and a rental value of £8,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,354,514 and a rental value of £7,540 per month.
Energy Efficiency
Apartment 502, 3, Merchant Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jul 2014.
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 502, 3, Merchant Square was last sold on 26th November 2020 for £1,870,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has dropped by 24.9%.
- Sold Nov 2020£1,870,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 102 sales of properties similar to Apartment 502, 3, Merchant Square within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 301, 3, Merchant Square, London, W2 1AZ, a leasehold flat which sold for £1,280,000 on the 16th June 2025.
Read more about house prices in W2.
- Sold Jun 2025£1,280,000 | 3 Bed FlatApartment 301, 3, Merchant Square, London, W2 1AZApartment 301, 3, Merchant Square, London, W2 1AZ
- Sold May 2025£2,300,000 | 3 Bed FlatApartment 1503, 3, Merchant Square, London, W2 1BFApartment 1503, 3, Merchant Square, London, W2 1BF
- Sold Jan 2025£1,280,000 | 3 Bed FlatApartment 1005, 3, Merchant Square, London, W2 1BFApartment 1005, 3, Merchant Square, London, W2 1BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Merchant Square, London, W2 has a total of 155 addresses. According to our analysis of all the public data, Apartment 502, 3, Merchant Square is the 41st largest and the 61st most expensive property on the street.
When compared to the postcode district it is £403k more expensive than the average property in W2.
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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
According to recent data from Ofcom, Ultrafast Broadband is available in this area.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
