Flat 3, 1-3
Flat 3, 1-3
Description & Estimates
Public records show Flat 3, 1-3, Princes Gate to be an early-century leasehold apartment with 2,292 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 3, 1-3, Princes Gate has an estimated sale value of £10,037,978 and an estimated rental value of £12,469 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1-3, Princes Gate, London, SW7.
Princes Gate, London, SW7 lies in the borough of City of Westminster, within the SW7 postal district.
Our Data Sources
Flat 3, 1-3, Princes Gate has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated May 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 1-3, Princes Gate would be worth £10,539,877, with a potential rental value of £13,092 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £9,335,319, with a rental value of £11,596 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, 1-3, Princes Gate has fallen by £21,338 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £656 (5.3%). The property's estimated gross yield is currently 1.5%.
Energy Efficiency
Flat 3, 1-3, Princes Gate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 3, 1-3, Princes Gate last changed hands on 31st March 2021, selling for £6,500,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 37.9% since March 2021.
- Sold Mar 2021£6,500,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 370 metres of Flat 3, 1-3, Princes Gate across the last 2 years.
Most recently, Flat 8, 1-3 , Princes Gate, London, SW7 1QJ, a leasehold flat, sold at £5,250,000 on the 6th March 2019.
Read more about house prices in SW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, 1-3, Princes Gate as the 36th largest and the 9th most expensive of the 306 addresses on Princes Gate, London, SW7.
Against the SW7 postcode district average, it is £7.926m more expensive than the typical property.
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Schools Nearby
- 1.0kmMarlborough Primary School
- 1.1kmSt Joseph's Catholic Primary School
- 1.2kmOur Lady of Victories RC Primary School
- 1.1kmSt. Thomas More Language College
- 2.0kmMarylebone Boys' School
- 2.1kmWestminster City School
More reading links
Public Transport Nearby
Knightsbridge station is the nearest stop to Flat 3, 1-3, Princes Gate at 500 metres away.
- 500mKnightsbridge
- 900mSouth Kensington
- 1.2kmHyde Park Corner
Available Internet Speeds
Ofcom's latest figures show standard broadband available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
