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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 22, Lancaster Gate is £1,143,373 and the estimated rental value is £4,407 per month.
The apartment is within 22, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 3, 22, Lancaster Gate has 31 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated April 2014.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, 22, Lancaster Gate is in very good condition we estimate a sale value of £1,200,542 and a rental value of £4,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,063,337 and a rental value of £4,098 per month.
Over the last 12 months the sale value of Flat 3 22 Lancaster Gate has decreased by an estimated £6,580 (0.6%) and its rental value has increased by an estimated £256 per month (5.8%), giving an expected gross yield of 4.6%.
Flat 3, 22, Lancaster Gate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 22, Lancaster Gate was last sold on 5th May 2016 for £1,230,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2016, the market for similar properties has dropped 33.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 22, Lancaster Gate within a radius of 250 metres over the last 2 years.
The most recent example is Flat 16, 10, Westbourne Crescent, London, W2 3DB, a leasehold flat which sold for £1,150,000 on the 29th October 2024.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Gate, London, W2 has a total of 512 addresses. According to our analysis of all the public data, Flat 3, 22, Lancaster Gate is the 328th largest and the 293rd most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 76 metres away. The nearest train station is Lancaster Gate which is 300 metres away.
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