2E, Morpeth Terrace
2E, Morpeth Terrace
Description & Estimates
2E, Morpeth Terrace appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 822 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2E, Morpeth Terrace is £839,230 and its rental estimate is £3,938 per month, given the available information and assuming reasonable condition.
2, Morpeth Terrace is a residential building on Morpeth Terrace, London, SW1 and falls within the SW1 postal district and the London Borough of City of Westminster.
Our Data Sources
2E, Morpeth Terrace has 31 entries in the Land Registry , most recently in February 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2E, Morpeth Terrace, we estimate a market value of £881,192 and a rental value of £4,134 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £780,484 and £3,662 per month respectively.
Recent Market Change
Over the last year, 2E, Morpeth Terrace has seen its estimated sale value fall by £27,945 (3.3%) and its estimated rental value move up by £207 per month (5.3%). This results in an estimated gross rental yield of 5.6%.
Sold Prices
The most recent sale of 2E, Morpeth Terrace completed on 18th February 2009 at £555,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 42.9% over the period since February 2009.
- Sold Feb 2009£555,000
- Sold Nov 2007£557,000
- Sold Feb 1996£172,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2E, Morpeth Terrace have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2024, was 1Aa, Carlisle Place, London, SW1P 1NP, a leasehold flat which sold for £640,000.
Read more about house prices in SW1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 137 addresses on Morpeth Terrace, London, SW1, 2E, Morpeth Terrace comes out as the 77th largest and the 81st most expensive in our analysis of the public data.
It is also £710k less expensive than the average property across the SW1 district.
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Schools Nearby
- 0mSt Vincent De Paul Catholic Primary School
- 400mBurdett-Coutts and Townshend Foundation CofE Primary School
- 400mSt Peter's Eaton Square CofE Primary School
- 300mWestminster City School
- 400mThe Grey Coat Hospital
- 900mPimlico Academy
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Public Transport Nearby
From 2E, Morpeth Terrace, the nearest station is Victoria, 200 metres away.
- 200mVictoria
- 300mLondon Victoria
- 700mSt James's Park
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
