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Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, 7, Cornwall Gardens is £591,152 and its rental estimate is £2,209 per month, given the available information and assuming reasonable condition.
7, Cornwall Gardens is a residential building on Cornwall Gardens, London, SW7 and falls within the SW7 postal district and the London Borough of Kensington and Chelsea.
Flat 1, 7, Cornwall Gardens has 2 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 Flat 1, 7, Cornwall Gardens, we estimate a market value of £620,710 and a rental value of £2,320 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £549,771 and £2,055 per month respectively.
Over the last year, Flat 1, 7, Cornwall Gardens has seen its estimated sale value decline by £13,930 (2.4%) and its estimated rental value climb by £89 per month (4.0%). This results in an estimated gross rental yield of 4.5%.
Flat 1, 7, Cornwall Gardens has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Dec 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 1, 7, Cornwall Gardens completed on 30th January 2015 at £635,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 14.9% over the period since January 2015.
Over the past 2 years 3 properties similar to Flat 1, 7, Cornwall Gardens have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2021, was Flat 1, 42, Elvaston Place, London, SW7 5NP, a leasehold flat which sold for £570,000.
Read more about house prices in SW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 669 addresses on Cornwall Gardens, London, SW7, Flat 1, 7, Cornwall Gardens comes out as the 630th largest and the 620th most expensive in our analysis of the public data.
It is also £1.521m less expensive than the average property across the SW7 district.
From Flat 1, 7, Cornwall Gardens, the nearest station is Gloucester Road, 300 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 7, Cornwall Gardens, 56.4% of property is privately rented and 24.6% is privately owned outright.
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 Flat 1, 7, Cornwall Gardens, 23.7% of residents are recorded as possessing school level qualifications and 71.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 7, Cornwall Gardens, the average age was 39.5 and the most common age was 27.
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 Flat 1, 7, Cornwall Gardens, 11.1% 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 Flat 1, 7, Cornwall Gardens, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.