Flat 1, 116
Flat 1, 116
Description & Estimates
Public records show Flat 1, 116, Gloucester Terrace to be a period leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 116, Gloucester Terrace has an estimated sale value of £650,044 and an estimated rental value of £3,227 per month, assuming reasonable condition and based on the information available.
The apartment sits within 116, Gloucester Terrace, London, W2.
Gloucester Terrace, London, W2 lies in the borough of City of Westminster, within the W2 postal district.
Our Data Sources
Flat 1, 116, Gloucester Terrace has 51 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated September 2020.
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
In very good condition, we estimate Flat 1, 116, Gloucester Terrace would be worth £682,546, with a potential rental value of £3,389 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £604,541, with a rental value of £3,001 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 116, Gloucester Terrace has decreased by £3,213 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £195 (6.0%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 1, 116, Gloucester Terrace has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 116, Gloucester Terrace last changed hands on 13th August 2013, selling for £760,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 9.0% since August 2013.
- Sold Aug 2013£760,000
- Sold Oct 2012£585,000
- Sold Apr 2006£420,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 1, 116, Gloucester Terrace across the last 2 years.
Most recently, Flat 8, 120, Gloucester Terrace, London, W2 6HP, a leasehold flat, sold at £670,000 on the 20th December 2024.
Read more about house prices in W2.
- Sold Dec 2024£670,000 | 1 Bed Flat120, Gloucester TerraceFlat 8, 120, Gloucester Terrace, London, W2 6HP
- Sold Jun 2022£610,000 | 2 Bed Flat126, Gloucester TerraceFlat 3, 126, Gloucester Terrace, London, W2 6HP
- Sold Feb 2022£603,000 | 2 Bed Flat126, Gloucester TerraceFlat 8, 126, Gloucester Terrace, London, W2 6HP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Agents in our network have reported 1 letting within 220 metres of Flat 1, 116, Gloucester Terrace across the last 2 years.
The newest of these is Flat 6, 108, Westbourne Terrace, London, W2 6QJ, a leasehold flat let by Fine Living in April 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks Flat 1, 116, Gloucester Terrace as the 558th largest and the 503rd most expensive of the 1258 addresses on Gloucester Terrace, London, W2.
Against the W2 postcode district average, it is £421k less expensive than the typical property.
More reading links
Schools Nearby
- 300mSt James & St John Church of England Primary School
- 400mHallfield Primary School
- 900mEdward Wilson Primary School
- 400mMarylebone Boys' School
- 1.0kmWestminster Academy
- 1.3kmPaddington Academy
More reading links
Public Transport Nearby
London Paddington station is the nearest stop to Flat 1, 116, Gloucester Terrace at 300 metres away.
- 300mLondon Paddington
- 400mPaddington
- 600mLancaster Gate
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
