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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
22B, Durham Terrace is recorded publicly as a period leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 22B, Durham Terrace is £836,881 and its rental estimate is £3,273 per month, given the available information and assuming reasonable condition.
22, Durham Terrace is a residential building on Durham Terrace, London, W2 and falls within the W2 postal district and the London Borough of City of Westminster.
22B, Durham Terrace has a single entry in the Land Registry from June 2023 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 4 out of 5 and is considered of high accuracy.
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 22B, Durham Terrace, we estimate a market value of £878,725 and a rental value of £3,437 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £778,300 and £3,044 per month respectively.
Over the last year, 22B, Durham Terrace has seen its estimated sale value fall by £4,531 (0.5%) and its estimated rental value move up by £194 per month (5.9%). This results in an estimated gross rental yield of 4.7%.
22B, Durham Terrace has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 22B, Durham Terrace completed on 16th June 2023 at £845,000 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 23.5% over the period since June 2023.
Over the past 2 years 3 properties similar to 22B, Durham Terrace have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was Flat B, 40, Westbourne Gardens, London, W2 5NS, a leasehold flat which sold for £1,000,000.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 1 let within 220 metres of 22B, Durham Terrace.
The latest, in February 2023, was Flat 121, Arthur Court, Queensway, London, W2 5HP, a leasehold flat let by Fine Living.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 101 addresses on Durham Terrace, London, W2, 22B, Durham Terrace comes out as the 53rd largest and the 49th most expensive in our analysis of the public data.
It is also £234k less expensive than the average property across the W2 district.
From 22B, Durham Terrace, the nearest station is Royal Oak, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22B, Durham Terrace, 36.2% of property is privately rented and 29.9% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 22B, Durham Terrace, 10.2% of residents are recorded as possessing school level qualifications and 63.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22B, Durham Terrace, the average age was 38.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 22B, Durham Terrace, 1.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 22B, Durham Terrace, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
