Flat 2, 1
Flat 2, 1
Description & Estimates
Public records show Flat 2, 1, Observatory Gardens to be a period leasehold apartment with 968 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, 1, Observatory Gardens has an estimated sale value of £1,592,140 and an estimated rental value of £5,622 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Observatory Gardens, London, W8.
Observatory Gardens, London, W8 lies in the borough of Kensington and Chelsea, within the W8 postal district.
Our Data Sources
Flat 2, 1, Observatory Gardens has 2 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated November 2018.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate Flat 2, 1, Observatory Gardens would be worth £1,671,747, with a potential rental value of £5,904 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,480,690, with a rental value of £5,229 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 2, 1, Observatory Gardens has declined by £15,392 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £238 (4.2%). The property's estimated gross yield is currently 4.2%.
Energy Efficiency
Flat 2, 1, Observatory Gardens has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
Flat 2, 1, Observatory Gardens last changed hands on 25th October 2021, selling for £1,622,000. 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 dropped by 25.3% since October 2021.
- Sold Oct 2021£1,622,000
- Sold Sep 2015£1,550,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Flat 2, 1, Observatory Gardens across the last 2 years.
Most recently, 70A Campden Hill Court, Campden Hill Road, London, W8 7HL, a leasehold flat, sold at £1,370,000 on the 16th January 2024.
Read more about house prices in W8.
- Sold Jan 2024£1,370,000 | 2 Bed Flat70A Campden Hill Court, Campden Hill Road, London, W8 7HL70A Campden Hill Court, Campden Hill Road, London, W8 7HL
- Sold Jan 2023£700,000 | 3 Bed Flat61B Campden Hill Court, Campden Hill Road, London, W8 7HL61B Campden Hill Court, Campden Hill Road, London, W8 7HL
- Sold Apr 2022£2,075,000 | 3 Bed FlatFlat 5, 1, Observatory Gardens, London, W8 7HYFlat 5, 1, Observatory Gardens, London, W8 7HY
•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 2, 1, Observatory Gardens as the 34th largest and the 34th most expensive of the 54 addresses on Observatory Gardens, London, W8.
Against the W8 postcode district average, it is £860k less expensive than the typical property.
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Schools Nearby
- 400mSt Mary Abbots CofE Primary School
- 400mFox Primary School
- 700mSt Barnabas and St Philip's CofE Primary School
- 300mHolland Park School
- 1.1kmThe Cardinal Vaughan Memorial RC School
- 1.8kmKensington Aldridge Academy
More reading links
Public Transport Nearby
High Street Kensington station is the nearest stop to Flat 2, 1, Observatory Gardens at 400 metres away.
- 400mHigh Street Kensington
- 600mNotting Hill Gate
- 700mHolland Park
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.
