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In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, Cornwall House has an estimated sale value of £1,667,537 and an estimated rental value of £6,394 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cornwall House, Cornwall Gardens, London, SW7.
Cornwall Gardens, London, SW7 lies in the borough of Kensington and Chelsea, within the SW7 postal district.
Flat 1, Cornwall House has 3 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated March 2017.
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.
In very good condition, we estimate Flat 1, Cornwall House would be worth £1,750,914, with a potential rental value of £6,714 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,550,810, with a rental value of £5,946 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, Cornwall House has moved down by £11,511 (0.7%) over the last year. During the same period, its estimated monthly rental value has increased by £311 (4.9%). The property's estimated gross yield is currently 4.6%.
Flat 1, Cornwall House has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Mar 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 1, Cornwall House last changed hands on 31st July 2023, selling for £1,625,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 2.5% since July 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 230 metres of Flat 1, Cornwall House across the last 2 years.
Most recently, Flat 4, 13, Cornwall Gardens, London, SW7 4AN, a leasehold flat, sold at £2,100,000 on the 24th October 2023.
Read more about house prices in SW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, Cornwall House as the 161st largest and the 199th most expensive of the 669 addresses on Cornwall Gardens, London, SW7.
Against the SW7 postcode district average, it is £444k less expensive than the typical property.
Gloucester Road station is the nearest stop to Flat 1, Cornwall House at 500 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Cornwall House, 47.1% of property is privately rented and 33.3% 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, Cornwall House, 20.7% of residents are recorded as possessing school level qualifications and 75.3% 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, Cornwall House, the average age was 37.4 and the most common age was 22.
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, Cornwall House, 7.8% 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, Cornwall House, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.