Flat 3, 2
Flat 3, 2
Description & Estimates
Flat 3, 2, Observatory Gardens is recorded publicly as a modern leasehold apartment across 1,054 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 3, 2, Observatory Gardens is £2,084,112 and its rental estimate is £6,910 per month, given the available information and assuming reasonable condition.
2, Observatory Gardens is a residential building on Observatory Gardens, London, W8 and falls within the W8 postal district and the London Borough of Kensington and Chelsea.
Our Data Sources
Flat 3, 2, Observatory Gardens has 21 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated November 2018.
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
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 3, 2, Observatory Gardens, we estimate a market value of £2,188,317 and a rental value of £7,256 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,938,224 and £6,426 per month respectively.
Recent Market Change
Over the last year, Flat 3, 2, Observatory Gardens has seen its estimated sale value fall by £20,148 (1.0%) and its estimated rental value move up by £292 per month (4.2%). This results in an estimated gross rental yield of 4.0%.
Energy Efficiency
Flat 3, 2, Observatory Gardens has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
The most recent sale of Flat 3, 2, Observatory Gardens completed on 1st February 2019 at £2,612,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 23.4% over the period since February 2019.
- Sold Feb 2019£2,612,000
- Sold Mar 1995£525,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 2, Observatory Gardens have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 76A Campden Hill Court, Campden Hill Road, London, W8 7HN, a leasehold flat which sold for £1,580,000.
Read more about house prices in W8.
- Sold Aug 2024£1,580,000 | 3 Bed FlatCampden Hill Road76A Campden Hill Court, Campden Hill Road, London, W8 7HN
- Sold Dec 2022£1,125,000 | 3 Bed FlatCampden Hill Road40A Campden Hill Court, Campden Hill Road, London, W8 7HU
- Sold Dec 2018£1,950,000 | 3 Bed Flat10, Observatory GardensFlat 9, 10, Observatory Gardens, London, W8 7HY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 54 addresses on Observatory Gardens, London, W8, Flat 3, 2, Observatory Gardens comes out as the 30th largest and the 23rd most expensive in our analysis of the public data.
It is also £368k less expensive than the average property across the W8 district.
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Schools Nearby
- 400mSt Mary Abbots CofE Primary School
- 400mFox Primary School
- 700mSt Barnabas and St Philip's CofE Primary School
- 300mHolland Park School
- 1.1kmThe Cardinal Vaughan Memorial RC School
- 1.8kmKensington Aldridge Academy
More reading links
Public Transport Nearby
From Flat 3, 2, Observatory Gardens, the nearest station is High Street Kensington, 400 metres away.
- 400mHigh Street Kensington
- 600mNotting Hill Gate
- 700mHolland Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
