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By comparing it to neighbours, we estimate that it is a period apartment with 845 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16, 33-35, Lancaster Gate is £1,093,816 and the estimated rental value is £4,154 per month.
The apartment is within 33-35, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 16, 33-35, Lancaster Gate has 51 entries in the Land Registry , most recently in November 2015 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 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 16, 33-35, Lancaster Gate is in very good condition we estimate a sale value of £1,148,507 and a rental value of £4,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,017,249 and a rental value of £3,863 per month.
Over the last 12 months the sale value of Flat 16 33-35 Lancaster Gate has decreased by an estimated £5,922 (0.5%) and its rental value has increased by an estimated £246 per month (5.9%), giving an expected gross yield of 4.6%.
According to HM Land Registry, Flat 16, 33-35, Lancaster Gate was last sold on 6th November 2015 for £1,600,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since November 2015, the market for similar properties has dropped 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, 33-35, Lancaster Gate within a radius of 210 metres over the last 2 years.
The most recent example is Flat 16, 10, Westbourne Crescent, London, W2 3DB, a leasehold flat which sold for £1,150,000 on the 29th 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 16, 33-35, Lancaster Gate is the 351st largest and the 314th most expensive property on the street.
When compared to the postcode district it is £22k more 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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