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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 24, The Westbourne 1 is £632,201 and the estimated rental value is £3,057 per month.
The apartment is within The Westbourne, Artesian Road, London, W2.
Artesian Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 24, The Westbourne 1 has 31 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated January 2014.
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.
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 24, The Westbourne 1 is in very good condition we estimate a sale value of £663,811 and a rental value of £3,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £587,947 and a rental value of £2,843 per month.
Over the last 12 months the sale value of Flat 24 The Westbourne 1 has decreased by an estimated £10,981 (1.7%) and its rental value has increased by an estimated £151 per month (4.9%), giving an expected gross yield of 5.8%.
Flat 24, The Westbourne 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 24, The Westbourne 1 was last sold on 1st July 2016 for £735,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2016, the market for similar properties has dropped 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, The Westbourne 1 within a radius of 230 metres over the last 2 years.
The most recent example is Flat 3, The Westbourne 1, Artesian Road, London, W2 5DL, a leasehold flat which sold for £645,000 on the 1st June 2022.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Artesian Road, London, W2 has a total of 154 addresses. According to our analysis of all the public data, Flat 24, The Westbourne 1 is the 105th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £439k less expensive than the average property in W2.
The nearest school is St. Mary of the Angels Catholic Primary School which is 300 metres away. The nearest train station is Royal Oak which is 600 metres away.
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