Our Data Sources
Apartment 708, 3, Merchant Square has 2 entries in the Land Registry , most recently in March 2024 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
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 708, 3, Merchant Square, we estimate a market value of £1,732,089 and a rental value of £9,667 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,534,136 and £8,562 per month respectively.
Energy Efficiency
Apartment 708, 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
The most recent sale of Apartment 708, 3, Merchant Square completed on 15th March 2024 at £2,275,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 24.6% over the period since March 2024.
- Sold Mar 2024£2,275,000
- Sold Sep 2014£1,515,000
Similar Properties Sold Nearby
Over the past 2 years 67 properties similar to Apartment 708, 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 22nd March 2024, was Apartment 1409, 3, Merchant Square, London, W2 1BF, a leasehold flat which sold for £2,510,000.
Read more about house prices in W2.
- Sold Mar 2024£2,510,000 | 3 Bed FlatApartment 1409, 3, Merchant Square, London, W2 1BFApartment 1409, 3, Merchant Square, London, W2 1BF
- Sold Aug 2023£2,200,000 | 3 Bed FlatApartment 1408, 3, Merchant Square, London, W2 1BFApartment 1408, 3, Merchant Square, London, W2 1BF
- Sold Sep 2019£2,030,000 | 3 Bed FlatApartment 808, 3, Merchant Square, London, W2 1AZApartment 808, 3, Merchant Square, London, W2 1AZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 155 addresses on Merchant Square, London, W2, Apartment 708, 3, Merchant Square comes out as the 16th largest and the 23rd most expensive in our analysis of the public data.
It is also £596k more 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.
