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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 15, 27, Lancaster Gate is £588,723 and the estimated rental value is £2,328 per month.
The apartment is within 27, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 15, 27, Lancaster Gate has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 15, 27, Lancaster Gate is in very good condition we estimate a sale value of £618,160 and a rental value of £2,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,513 and a rental value of £2,165 per month.
Over the last 12 months the sale value of Flat 15 27 Lancaster Gate has decreased by an estimated £5,529 (0.9%) and its rental value has increased by an estimated £124 per month (5.3%), giving an expected gross yield of 4.7%.
Flat 15, 27, Lancaster Gate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 27, Lancaster Gate within a radius of 240 metres over the last 2 years.
The most recent example is Flat 4, 7, Devonshire Terrace, London, W2 3DN, a leasehold flat which sold for £625,000 on the 18th October 2024.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Gate, London, W2 has a total of 512 addresses. According to our analysis of all the public data, Flat 15, 27, Lancaster Gate is the 453rd largest and the 453rd most expensive property on the street.
When compared to the postcode district it is £483k less expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 100 metres away. The nearest train station is Lancaster Gate which is 300 metres away.
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