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By comparing it to neighbours, we estimate that it is a period apartment with 428 ft2 of internal area and a balcony.
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, 38, Gloucester Terrace is £475,953 and the estimated rental value is £2,345 per month.
The apartment is within 38, Gloucester Terrace, London, W2.
Gloucester Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 38, Gloucester Terrace has a single entry in the Land Registry from October 2019 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, 38, Gloucester Terrace is in very good condition we estimate a sale value of £499,751 and a rental value of £2,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,637 and a rental value of £2,181 per month.
Over the last 12 months the sale value of Flat 2 38 Gloucester Terrace has decreased by an estimated £14,111 (3.0%) and its rental value has increased by an estimated £90 per month (3.8%), giving an expected gross yield of 5.9%.
According to HM Land Registry, Flat 2, 38, Gloucester Terrace was last sold on 28th October 2019 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 38, Gloucester Terrace within a radius of 200 metres over the last 2 years.
The most recent example is Flat 2, 30, Gloucester Terrace, London, W2 3DA, a leasehold flat which sold for £432,500 on the 6th January 2025.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Terrace, London, W2 has a total of 1257 addresses. According to our analysis of all the public data, Flat 2, 38, Gloucester Terrace is the 943rd largest and the 815th most expensive property on the street.
When compared to the postcode district it is £577k less expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 133 metres away. The nearest train station is Paddington which is 300 metres away.
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