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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, Albion Gate is an early-century leasehold apartment with 1,905 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Albion Gate is £3,753,402 and the estimated rental value is £11,339 per month.
The apartment is within Albion Gate, Hyde Park Place, London, W2.
Hyde Park Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, Albion Gate has 21 entries in the Land Registry , most recently in May 2009 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Albion Gate is in very good condition we estimate a sale value of £3,941,072 and a rental value of £11,906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,490,664 and a rental value of £10,545 per month.
Over the past 12 months, the estimated sale value of Flat 2, Albion Gate has risen by £79,248 (2.1%), while its estimated rental value has moved up by £1,029 per month (9.1%). Based on current estimates, the property offers a gross rental yield of 3.6%.
Flat 2, Albion Gate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jan 2022.
The property is not connected to mains gas and has full secondary glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 2, Albion Gate was last sold on 27th May 2009 for £2,000,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2009, the market for similar properties has risen by 6.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Albion Gate within a radius of 320 metres over the last 2 years.
The most recent example is Flat 10, 11, Hyde Park Gardens, London, W2 2LU, a leasehold flat which sold for £4,000,000 on the 30th January 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hyde Park Place, London, W2 has a total of 143 addresses. According to our analysis of all the public data, Flat 2, Albion Gate is the 24th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £2.682m more expensive than the average property in W2.
The closest station to Flat 2, Albion Gate is Marble Arch station, which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Albion Gate, 60.8% of property is privately rented and 24.8% 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, Albion Gate, 29.0% of residents are recorded as possessing school level qualifications and 49.0% 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, Albion Gate, the average age was 37.1 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, Albion Gate, 2.3% 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, Albion Gate, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
