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According to the public record, Flat 2, 1A, Devonshire Terrace is a period leasehold apartment with 182 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 1A, Devonshire Terrace is £252,380 and the estimated rental value is £1,180 per month.
The apartment is within 1A, Devonshire Terrace, London, W2.
Devonshire Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 1A, Devonshire Terrace has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, 1A, Devonshire Terrace is in very good condition we estimate a sale value of £264,999 and a rental value of £1,239 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,714 and a rental value of £1,098 per month.
Over the last 12 months the sale value of Flat 2 1A Devonshire Terrace has decreased by an estimated £5,734 (2.3%) and its rental value has increased by an estimated £70 per month (5.9%), giving an expected gross yield of 5.6%.
Flat 2, 1A, Devonshire Terrace has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 1A, Devonshire Terrace was last sold on 18th December 2009 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2009, the market for similar properties has risen 45.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1A, Devonshire Terrace within a radius of 190 metres over the last 2 years.
The most recent example is Flat 10, 65-67 , Gloucester Terrace, London, W2 3DH, a leasehold flat which sold for £225,000 on the 5th July 2018.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Terrace, London, W2 has a total of 168 addresses. According to our analysis of all the public data, Flat 2, 1A, Devonshire Terrace is the 144th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £800k less expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 115 metres away. The nearest train station is Paddington which is 300 metres away.
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