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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
The public record lists Flat 2, 41-43, King Street as a leasehold apartment.
Comparison with its neighbours suggests a mid-century apartment with 1,614 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, 41-43, King Street has an estimated sale value of £1,707,657 and an estimated rental value of £7,101 per month, assuming reasonable condition and based on the information available.
The apartment sits within 41-43, King Street, London, WC2.
King Street, London, WC2 lies in the borough of City of Westminster, within the WC2 postal district.
Flat 2, 41-43, King Street has a single entry in the Land Registry from November 2021 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 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate Flat 2, 41-43, King Street would be worth £1,793,040, with a potential rental value of £7,456 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,588,121, with a rental value of £6,604 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 2, 41-43, King Street has moved up by £8,052 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £521 (7.3%). The property's estimated gross yield is currently 5.0%.
Flat 2, 41-43, King Street last changed hands on 3rd November 2021, selling for £5,000,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 8.2% since November 2021.
Land Registry records and our Estate Agent network show 3 sales within 300 metres of Flat 2, 41-43, King Street across the last 2 years.
Most recently, Flat 4, 40, King Street, London, WC2E 8JS, a leasehold flat, sold at £935,000 on the 29th November 2022.
Read more about house prices in WC2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 41-43, King Street as the 13th largest and the 30th most expensive of the 92 addresses on King Street, London, WC2.
Against the WC2 postcode district average, it is £539k more expensive than the typical property.
Covent Garden station is the nearest stop to Flat 2, 41-43, King Street at 100 metres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 41-43, King Street, 52.6% of property is privately rented and 19.5% is privately owned outright.
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, 41-43, King Street, 42.1% of residents are recorded as possessing school level qualifications and 67.6% 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, 41-43, King Street, the average age was 39.5 and the most common age was 22.
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, 41-43, King Street, 2.9% 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, 41-43, King Street, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
