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We estimate it to be a period apartment with 1,127 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 11, 4, Craven Hill is £1,160,049 and its rental estimate is £5,132 per month, given the available information and assuming reasonable condition.
4, Craven Hill is a residential building on Craven Hill, London, W2 and falls within the W2 postal district and the London Borough of City of Westminster.
Flat 11, 4, Craven Hill has 2 entries in the Land Registry , most recently in April 2018 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 2 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 11, 4, Craven Hill, we estimate a market value of £1,218,052 and a rental value of £5,388 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,078,846 and £4,773 per month respectively.
Over the last year, Flat 11, 4, Craven Hill has seen its estimated sale value grow by £1,526 (0.1%) and its estimated rental value climb by £362 per month (7.1%). This results in an estimated gross rental yield of 5.3%.
The most recent sale of Flat 11, 4, Craven Hill completed on 26th April 2018 at £1,799,950 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 14.0% over the period since April 2018.
Over the past 2 years 3 properties similar to Flat 11, 4, Craven Hill have sold within a radius of 180 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2020, was Flat 3, 9, Craven Hill, London, W2 3EN, a leasehold flat which sold for £1,995,000.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 161 addresses on Craven Hill, London, W2, Flat 11, 4, Craven Hill comes out as the 20th largest and the 19th most expensive in our analysis of the public data.
It is also £89k more expensive than the average property across the W2 district.
From Flat 11, 4, Craven Hill, the nearest station is Lancaster Gate, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 11, 4, Craven Hill, 62.3% of property is privately rented and 13.9% 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 11, 4, Craven Hill, 11.0% of residents are recorded as possessing school level qualifications and 76.1% 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 11, 4, Craven Hill, the average age was 37.3 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 11, 4, Craven Hill, 10.1% 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 11, 4, Craven Hill, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.