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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, 28-29, Ormonde Gate is a period leasehold apartment with 1,356 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 28-29, Ormonde Gate is £1,560,645 and the estimated rental value is £6,531 per month.
The apartment is within 28, Ormonde Gate, London, SW3.
Ormonde Gate, London, SW3 is located in the borough of Kensington and Chelsea within the SW3 postal district.
Flat 2, 28-29, Ormonde Gate has 21 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, 28-29, Ormonde Gate is in very good condition we estimate a sale value of £1,638,677 and a rental value of £6,857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,451,400 and a rental value of £6,073 per month.
Over the last 12 months the sale value of Flat 2 28-29 Ormonde Gate has decreased by an estimated £20,304 (1.3%) and its rental value has increased by an estimated £549 per month (8.4%), giving an expected gross yield of 5%.
Flat 2, 28-29, Ormonde Gate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 2, 28-29, Ormonde Gate was last sold on 16th June 2023 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 28-29, Ormonde Gate within a radius of 340 metres over the last 2 years.
The most recent example is 34, Cheyne Court, London, SW3 5TR, a leasehold flat which sold for £2,150,000 on the 17th May 2018.
Read more about house prices in SW3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormonde Gate, London, SW3 has a total of 93 addresses. According to our analysis of all the public data, Flat 2, 28-29, Ormonde Gate is the 30th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £440k less expensive than the average property in SW3.
The closest station to Flat 2, 28-29, Ormonde Gate is Sloane Square station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 28-29, Ormonde Gate, 42.2% of property is privately owned outright and 38.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 28-29, Ormonde Gate, 15.2% of residents are recorded as possessing school level qualifications and 71.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 28-29, Ormonde Gate, the average age was 46.9 and the most common age was 52.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 28-29, Ormonde Gate, 7.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 28-29, Ormonde Gate, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
