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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 59D, Princes Gate is a early-century leasehold apartment with 1,894 ft2 of internal area.
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 59D, Princes Gate is £3,809,337 and the estimated rental value is £11,135 per month.
The apartment is within 59, Princes Gate, London, SW7.
Princes Gate, London, SW7 is located in the borough of City of Westminster within the SW7 postal district.
59D, Princes Gate has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated May 2012.
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.
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 59D, Princes Gate is in very good condition we estimate a sale value of £3,999,804 and a rental value of £11,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,542,684 and a rental value of £10,356 per month.
Over the last 12 months the sale value of 59D Princes Gate has decreased by an estimated £42,920 (1.1%) and its rental value has increased by an estimated £896 per month (8.0%), giving an expected gross yield of 3.5%.
59D, Princes Gate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2012.
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, 59D, Princes Gate was last sold on 12th April 2013 for £3,638,475 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2013, the market for similar properties has dropped 53.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59D, Princes Gate within a radius of 380 metres over the last 2 years.
The most recent example is 52, Princes Gate, London, SW7 2PG, a leasehold flat which sold for £12,501,000 on the 29th October 2024.
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, 59D, Princes Gate is the 79th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £1.763m more expensive than the average property in SW7.
The closest station to 59D, 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 59D, 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 59D, 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 59D, 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 59D, 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.
