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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
Flat 28, Ranelagh House 3-5 is recorded publicly as a mid-century leasehold apartment across 1,033 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 28, Ranelagh House 3-5 is £1,322,070 and its rental estimate is £5,971 per month, given the available information and assuming reasonable condition.
Ranelagh House, Elystan Place is a residential building on Elystan Place, London, SW3 and falls within the SW3 postal district and the London Borough of Kensington and Chelsea.
Flat 28, Ranelagh House 3-5 has 51 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated February 2018.
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.
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 28, Ranelagh House 3-5, we estimate a market value of £1,388,174 and a rental value of £6,269 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,229,526 and £5,553 per month respectively.
Over the last year, Flat 28, Ranelagh House 3-5 has seen its estimated sale value decrease by £15,073 (1.1%) and its estimated rental value grow by £259 per month (4.3%). This results in an estimated gross rental yield of 5.4%.
Flat 28, Ranelagh House 3-5 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 28, Ranelagh House 3-5 completed on 28th August 2019 at £1,800,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 25.7% over the period since August 2019.
Over the past 2 years 3 properties similar to Flat 28, Ranelagh House 3-5 have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was Flat 45, Ranelagh House 3-5, Elystan Place, London, SW3 3LD, a leasehold flat which sold for £850,000.
Read more about house prices in SW3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 117 addresses on Elystan Place, London, SW3, Flat 28, Ranelagh House 3-5 comes out as the 52nd largest and the 55th most expensive in our analysis of the public data.
It is also £758k less expensive than the average property across the SW3 district.
From Flat 28, Ranelagh House 3-5, the nearest station is Sloane Square, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 28, Ranelagh House 3-5, 51.1% of property is privately rented and 40.2% 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 28, Ranelagh House 3-5, 15.7% of residents are recorded as possessing school level qualifications and 69.2% 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 28, Ranelagh House 3-5, the average age was 41.9 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 28, Ranelagh House 3-5, 11.1% 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, Ranelagh House 3-5, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
