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According to the public record, Flat 2, 2A, Spring Street is a early-century apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 2A, Spring Street is £394,722 and the estimated rental value is £2,078 per month.
The apartment is within 2A, Spring Street, London, W2.
Spring Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 2A, Spring Street has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data 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, 2A, Spring Street is in very good condition we estimate a sale value of £414,458 and a rental value of £2,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,092 and a rental value of £1,932 per month.
Over the last 12 months the sale value of Flat 2 2A Spring Street has decreased by an estimated £8,449 (2.1%) and its rental value has increased by an estimated £103 per month (4.9%), giving an expected gross yield of 6.3%.
Flat 2, 2A, Spring Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2A, Spring Street within a radius of 240 metres over the last 2 years.
The most recent example is 32 Sussex Court, Spring Street, London, W2 1JF, a leasehold flat which sold for £265,000 on the 9th July 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Street, London, W2 has a total of 119 addresses. According to our analysis of all the public data, Flat 2, 2A, Spring Street is the 41st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £658k less expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 317 metres away. The nearest train station is Paddington which is 100 metres away.
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