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Apartments of this size in this area normally have 4 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 61B, Princes Gate is £4,104,938 and the estimated rental value is £11,999 per month.
The apartment is within 61, Princes Gate, London, SW7.
Princes Gate, London, SW7 is located in the borough of City of Westminster within the SW7 postal district.
61B, Princes Gate has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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.
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 61B, Princes Gate is in very good condition we estimate a sale value of £4,310,185 and a rental value of £12,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,817,593 and a rental value of £11,159 per month.
Over the last 12 months the sale value of 61B Princes Gate has decreased by an estimated £46,251 (1.1%) and its rental value has increased by an estimated £965 per month (8.0%), giving an expected gross yield of 3.5%.
61B, Princes Gate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 61B, Princes Gate was last sold on 21st May 2001 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61B, Princes Gate within a radius of 380 metres over the last 2 years.
The most recent example is 61A, Princes Gate, London, SW7 2PD, a leasehold flat which sold for £4,951,750 on the 23rd February 2023.
Read more about house prices in SW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Gate, London, SW7 has a total of 305 addresses. According to our analysis of all the public data, 61B, Princes Gate is the 71st largest and the 37th most expensive property on the street.
When compared to the postcode district it is £2.058m more expensive than the average property in SW7.
The closest station to 61B, Princes Gate is South Kensington station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 61B, Princes Gate, % of property is and % is .
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 61B, Princes Gate, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 61B, Princes Gate, 0.0% 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 61B, Princes Gate, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.