Apartment 9, 1
Apartment 9, 1
Description & Estimates
Public records show Apartment 9, 1, Lancer Square to be a modern leasehold apartment with 1,625 ft2 of internal area.
In this area, apartments of this size normally have 4 bedrooms with a balcony.
Apartment 9, 1, Lancer Square has an estimated sale value of £5,820,747 and an estimated rental value of £17,915 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Lancer Square, London, W8.
Lancer Square, London, W8 lies in the borough of Kensington and Chelsea, within the W8 postal district.
Our Data Sources
Apartment 9, 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
In very good condition, we estimate Apartment 9, 1, Lancer Square would be worth £6,111,784, with a potential rental value of £18,810 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £5,413,294, with a rental value of £16,661 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 9, 1, Lancer Square has climbed by £23,135 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £1,075 (6.0%). The property's estimated gross yield is currently 3.7%.
Energy Efficiency
Apartment 9, 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
Apartment 9, 1, Lancer Square last changed hands on 23rd August 2021, selling for £4,720,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 63.8% since August 2021.
- Sold Aug 2021£4,720,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 310 metres of Apartment 9, 1, Lancer Square across the last 2 years.
Most recently, Apartment 1, 1, Lancer Square, London, W8 4AX, a leasehold flat, sold at £4,714,200 on the 8th December 2022.
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
Agents in our network have reported 1 letting within 310 metres of Apartment 9, 1, Lancer Square across the last 2 years.
The newest of these is Flat 52, Vicarage Court, Vicarage Gate, London, W8 4HF, a leasehold flat let by Jorgensen Turner in July 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks Apartment 9, 1, Lancer Square as the 15th largest and the 15th most expensive of the 40 addresses on Lancer Square, London, W8.
Against the W8 postcode district average, it is £3.369m more expensive than the typical property.
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
High Street Kensington station is the nearest stop to Apartment 9, 1, Lancer Square at 300 metres away.
- 300mHigh Street Kensington
- 700mNotting Hill Gate
- 900mQueensway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
