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In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 28, 23, Faraday Road has an estimated sale value of £1,187,942 and an estimated rental value of £4,258 per month, assuming reasonable condition and based on the information available.
The apartment sits within 23, Faraday Road, London, W10.
Faraday Road, London, W10 lies in the borough of Kensington and Chelsea, within the W10 postal district.
Flat 28, 23, Faraday Road has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated February 2017.
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.
In very good condition, we estimate Flat 28, 23, Faraday Road would be worth £1,247,339, with a potential rental value of £4,471 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,104,786, with a rental value of £3,960 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 28, 23, Faraday Road has moved down by £25,919 (2.2%) over the last year. During the same period, its estimated monthly rental value has increased by £194 (4.6%). The property's estimated gross yield is currently 4.3%.
Flat 28, 23, Faraday Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Feb 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Flat 28, 23, Faraday Road last changed hands on 25th June 2021, selling for £1,225,000. 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 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 28, 23, Faraday Road across the last 2 years.
Most recently, 89, Golborne Road, London, W10 5NL, a leasehold flat, sold at £746,888 on the 6th December 2018.
Read more about house prices in W10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 28, 23, Faraday Road as the 9th largest and the 8th most expensive of the 182 addresses on Faraday Road, London, W10.
Against the W10 postcode district average, it is £479k more expensive than the typical property.
Ladbroke Grove station is the nearest stop to Flat 28, 23, Faraday Road at 500 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast 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 28, 23, Faraday Road, % of property is and % is .
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 28, 23, Faraday Road, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 28, 23, Faraday Road, 0.0% 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 28, 23, Faraday Road, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.