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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 12, 71-73, Upper Berkeley Street is £1,094,360 and its rental estimate is £4,727 per month, given the available information and assuming reasonable condition.
71-73, Upper Berkeley Street is a residential building on Upper Berkeley Street, London, W1 and falls within the W1 postal district and the London Borough of City of Westminster.
Flat 12, 71-73, Upper Berkeley Street has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated November 2011.
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.
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 12, 71-73, Upper Berkeley Street, we estimate a market value of £1,149,078 and a rental value of £4,963 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,017,754 and £4,396 per month respectively.
Over the last year, Flat 12, 71-73, Upper Berkeley Street has seen its estimated sale value decrease by £13,869 (1.3%) and its estimated rental value grow by £240 per month (5.1%). This results in an estimated gross rental yield of 5.2%.
Flat 12, 71-73, Upper Berkeley Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2011.
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 12, 71-73, Upper Berkeley Street completed on 19th April 2013 at £750,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.1% over the period since April 2013.
Over the past 2 years 3 properties similar to Flat 12, 71-73, Upper Berkeley Street have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2022, was 7A, Bryanston Square, London, W1H 2DH, a leasehold flat which sold for £850,000.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 333 addresses on Upper Berkeley Street, London, W1, Flat 12, 71-73, Upper Berkeley Street comes out as the 96th largest and the 73rd most expensive in our analysis of the public data.
It is also £1.014m less expensive than the average property across the W1 district.
From Flat 12, 71-73, Upper Berkeley Street, the nearest station is Marble Arch, 200 metres away.
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.
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 12, 71-73, Upper Berkeley Street, 74.3% of property is privately rented and 11.4% 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 12, 71-73, Upper Berkeley Street, 9.4% of residents are recorded as possessing school level qualifications and 76.5% 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 12, 71-73, Upper Berkeley Street, the average age was 37.8 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 12, 71-73, Upper Berkeley Street, 1.8% 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 12, 71-73, Upper Berkeley Street, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.