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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
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According to the public record, Flat 2, 29, Lancaster Gate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,090 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, 29, Lancaster Gate is £1,375,668 and the estimated rental value is £5,293 per month.
The apartment is within 29, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 29, Lancaster Gate has 41 entries in the Land Registry , most recently in October 2012 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 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, 29, Lancaster Gate is in very good condition we estimate a sale value of £1,444,451 and a rental value of £5,557 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,279,371 and a rental value of £4,922 per month.
Over the last 12 months the sale value of Flat 2 29 Lancaster Gate has increased by an estimated £16,901 (1.2%) and its rental value has increased by an estimated £416 per month (7.9%), giving an expected gross yield of 4.6%.
According to HM Land Registry, Flat 2, 29, Lancaster Gate was last sold on 15th October 2012 for £1,770,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2012, the market for similar properties has dropped 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 29, Lancaster Gate within a radius of 230 metres over the last 2 years.
The most recent example is Flat 8, 23, Brook Mews North, London, W2 3BW, a leasehold flat which sold for £1,210,000 on the 17th October 2022.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Gate, London, W2 has a total of 512 addresses. According to our analysis of all the public data, Flat 2, 29, Lancaster Gate is the 289th largest and the 238th most expensive property on the street.
When compared to the postcode district it is £323k more expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 76 metres away. The nearest train station is Lancaster Gate which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
