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Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 27, 7-11, Princes Gate is £3,133,332 and its rental estimate is £10,836 per month, given the available information and assuming reasonable condition.
7-11, Princes Gate is a residential building on Princes Gate, London, SW7 and falls within the SW7 postal district and the London Borough of City of Westminster.
Flat 27, 7-11, Princes Gate has no records in the the Land Registry and a single entry in the EPC database dated June 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 27, 7-11, Princes Gate, we estimate a market value of £3,289,998 and a rental value of £11,378 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £2,913,999 and £10,077 per month respectively.
Over the last year, Flat 27, 7-11, Princes Gate has seen its estimated sale value decline by £6,661 (0.2%) and its estimated rental value climb by £570 per month (5.3%). This results in an estimated gross rental yield of 4.1%.
Flat 27, 7-11, Princes Gate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2010.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 27, 7-11, Princes Gate have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2024, was Flat 25, 7-11, Princes Gate, London, SW7 1QL, a leasehold flat which sold for £1,124,000.
Read more about house prices in SW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 306 addresses on Princes Gate, London, SW7, Flat 27, 7-11, Princes Gate comes out as the 84th largest and the 64th most expensive in our analysis of the public data.
It is also £1.022m more expensive than the average property across the SW7 district.
From Flat 27, 7-11, Princes Gate, the nearest station is Knightsbridge, 500 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 27, 7-11, Princes Gate, 54.2% of property is privately rented and 35.4% 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 27, 7-11, Princes Gate, 21.7% of residents are recorded as possessing school level qualifications and 57.6% 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 27, 7-11, Princes Gate, the average age was 39.5 and the most common age was 17.
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 27, 7-11, Princes Gate, 9.8% 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 27, 7-11, Princes Gate, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.