262B, Gloucester Terrace
262B, Gloucester Terrace
Description & Estimates
262B, Gloucester Terrace is recorded publicly as a period leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 262B, Gloucester Terrace is £404,031 and its rental estimate is £2,122 per month, given the available information and assuming reasonable condition.
262, Gloucester Terrace is a residential building on Gloucester Terrace, London, W2 and falls within the W2 postal district and the London Borough of City of Westminster.
Our Data Sources
262B, Gloucester Terrace has a single entry in the Land Registry from June 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 2 out of 5 and is considered of medium 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 262B, Gloucester Terrace, we estimate a market value of £424,233 and a rental value of £2,229 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £375,749 and £1,974 per month respectively.
Recent Market Change
Over the last year, 262B, Gloucester Terrace has seen its estimated sale value decline by £3,794 (0.9%) and its estimated rental value climb by £113 per month (5.3%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
262B, Gloucester Terrace has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 262B, Gloucester Terrace completed on 30th June 2021 at £375,000 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 17.1% over the period since June 2021.
- Sold Jun 2021£375,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 262B, Gloucester Terrace have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2023, was 141 Hatherley Court, Hatherley Grove, London, W2 5RG, a leasehold flat which sold for £518,000.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Similar Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 2 lets of properties comparable to 262B, Gloucester Terrace, all within 230 metres.
The latest, in August 2023, was 9A , Porchester Square, London, W2 6AN, a leasehold flat let by Fine Living.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 1258 addresses on Gloucester Terrace, London, W2, 262B, Gloucester Terrace comes out as the 890th largest and the 971st most expensive in our analysis of the public data.
It is also £667k less expensive than the average property across the W2 district.
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Schools Nearby
- 400mEdward Wilson Primary School
- 500mHallfield Primary School
- 500mSt Mary Magdalene & St Stephen's CofE Primary School
- 400mWestminster Academy
- 700mMarylebone Boys' School
- 900mPaddington Academy
More reading links
Public Transport Nearby
From 262B, Gloucester Terrace, the nearest station is Royal Oak, 100 metres away.
- 100mRoyal Oak
- 600mWarwick Avenue
- 600mBayswater
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.
