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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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Public records show Flat 23, 29, Hereford Road to be a modern leasehold apartment with 979 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 23, 29, Hereford Road has an estimated sale value of £1,242,245 and an estimated rental value of £5,122 per month, assuming reasonable condition and based on the information available.
The apartment sits within 29, Hereford Road, London, W2.
Hereford Road, London, W2 lies in the borough of City of Westminster, within the W2 postal district.
Flat 23, 29, Hereford Road has 21 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 23, 29, Hereford Road would be worth £1,304,358, with a potential rental value of £5,379 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,155,288, with a rental value of £4,764 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 23, 29, Hereford Road has decreased by £12,688 (1.0%) over the last year. During the same period, its estimated monthly rental value has grown by £293 (5.7%). The property's estimated gross yield is currently 4.9%.
Flat 23, 29, Hereford Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Flat 23, 29, Hereford Road last changed hands on 7th June 2023, selling for £1,375,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 34.6% since June 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 230 metres of Flat 23, 29, Hereford Road across the last 2 years.
Most recently, Flat 65, 1, Chepstow Place, London, W2 4TE, a leasehold flat, sold at £1,275,000 on the 28th October 2024.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 23, 29, Hereford Road as the 176th largest and the 157th most expensive of the 433 addresses on Hereford Road, London, W2.
Against the W2 postcode district average, it is £171k more expensive than the typical property.
Bayswater station is the nearest stop to Flat 23, 29, Hereford Road at 500 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 23, 29, Hereford Road, 52.0% of property is privately rented and 21.3% 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 23, 29, Hereford Road, 16.7% of residents are recorded as possessing school level qualifications and 73.5% 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 23, 29, Hereford Road, the average age was 38.4 and the most common age was 27.
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 23, 29, Hereford Road, 6.4% 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 23, 29, Hereford Road, 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.
