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According to the public record, Flat 2, 13-14, Gloucester Square is a period leasehold apartment with 1,237 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 13-14, Gloucester Square is £2,924,513 and the estimated rental value is £8,936 per month.
The apartment is within 13, Gloucester Square, London, W2.
Gloucester Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 13-14, Gloucester Square has 61 entries in the Land Registry , most recently in December 2013 and a single entry in the EPC database dated August 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, 13-14, Gloucester Square is in very good condition we estimate a sale value of £3,070,738 and a rental value of £9,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,719,797 and a rental value of £8,310 per month.
Over the last 12 months the sale value of Flat 2 13-14 Gloucester Square has increased by an estimated £12,636 (0.4%) and its rental value has increased by an estimated £692 per month (7.7%), giving an expected gross yield of 3.7%.
Flat 2, 13-14, Gloucester Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 13-14, Gloucester Square was last sold on 6th December 2013 for £1,218,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since December 2013, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 13-14, Gloucester Square within a radius of 270 metres over the last 2 years.
The most recent example is Flat 10, 6, Hyde Park Gardens, London, W2 2LT, a leasehold flat which sold for £3,017,600 on the 2nd September 2020.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Square, London, W2 has a total of 106 addresses. According to our analysis of all the public data, Flat 2, 13-14, Gloucester Square is the 88th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £1.872m more expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 546 metres away. The nearest train station is Paddington which is 300 metres away.
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