Flat 16, 69-71
Flat 16, 69-71
Description & Estimates
The public record lists Flat 16, 69-71, Gloucester Terrace as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 455 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 16, 69-71, Gloucester Terrace has an estimated sale value of £437,968 and an estimated rental value of £2,299 per month, assuming reasonable condition and based on the information available.
The apartment sits within 69-71, Gloucester Terrace, London, W2.
Gloucester Terrace, London, W2 lies in the borough of City of Westminster, within the W2 postal district.
Our Data Sources
Flat 16, 69-71, Gloucester Terrace has 21 entries in the Land Registry , most recently in February 2013 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.
Price Range & Condition
In very good condition, we estimate Flat 16, 69-71, Gloucester Terrace would be worth £459,867, with a potential rental value of £2,414 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £407,310, with a rental value of £2,138 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 16, 69-71, Gloucester Terrace has dropped by £4,113 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £122 (5.3%). The property's estimated gross yield is currently 6.3%.
Sold Prices
Flat 16, 69-71, Gloucester Terrace last changed hands on 8th February 2013, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.5% since February 2013.
- Sold Feb 2013£220,000
- Sold Oct 1997£60,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 200 metres of Flat 16, 69-71, Gloucester Terrace across the last 2 years.
Most recently, Flat 8, Forbes House 32-36 , Gloucester Terrace, London, W2 3DA, a leasehold flat, sold at £390,000 on the 13th December 2022.
Read more about house prices in W2.
- Sold Dec 2022£390,000 | 1 Bed FlatForbes House 32-36 , Gloucester TerraceFlat 8, Forbes House 32-36 , Gloucester Terrace, London, W2 3DA
- Sold Mar 2020£550,000 | 1 Bed Flat36, Westbourne TerraceFlat 8, 36, Westbourne Terrace, London, W2 3UH
- Sold Jun 2017£600,000 | 1 Bed Flat36, Westbourne TerraceFlat 7, 36, Westbourne Terrace, London, W2 3UH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 16, 69-71, Gloucester Terrace as the 886th largest and the 868th most expensive of the 1258 addresses on Gloucester Terrace, London, W2.
Against the W2 postcode district average, it is £633k less expensive than the typical property.
More reading links
Schools Nearby
- 100mSt James & St John Church of England Primary School
- 600mHallfield Primary School
- 1.0kmHampden Gurney CofE Primary School
- 600mMarylebone Boys' School
- 1.3kmWestminster Academy
- 1.6kmPaddington Academy
More reading links
Public Transport Nearby
Lancaster Gate station is the nearest stop to Flat 16, 69-71, Gloucester Terrace at 300 metres away.
- 300mLancaster Gate
- 300mPaddington
- 400mLondon Paddington
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
