Flat 3, 53
Flat 3, 53
Description & Estimates
According to the public record, Flat 3, 53, Chepstow Road is a period leasehold apartment with 538 ft2 of internal area.
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, 53, Chepstow Road is £675,170 and the estimated rental value is £3,065 per month.
The apartment is within 53, Chepstow Road, London, W2.
Chepstow Road, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Our Data Sources
Flat 3, 53, Chepstow Road has 21 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, 53, Chepstow Road is in very good condition we estimate a sale value of £708,929 and a rental value of £3,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £627,908 and a rental value of £2,850 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 53, Chepstow Road has fallen by £3,656 (0.5%), while its estimated rental value has moved up by £182 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
Flat 3, 53, Chepstow Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2022.
The property is connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, 53, Chepstow Road was last sold on 12th September 2022 for £707,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has dropped by 27.2%.
- Sold Sep 2022£707,000
- Sold Dec 1998£156,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 53, Chepstow Road within a radius of 210 metres over the last 2 years.
The most recent example is Flat 5, 7, St. Stephens Crescent, London, W2 5QT, a leasehold flat which sold for £680,000 on the 10th July 2024.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chepstow Road, London, W2 has a total of 287 addresses. According to our analysis of all the public data, Flat 3, 53, Chepstow Road is the 140th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £396k less expensive than the average property in W2.
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Schools Nearby
- 200mSt. Mary of the Angels Catholic Primary School
- 500mColville Primary School
- 700mEdward Wilson Primary School
- 500mWestminster Academy
- 1.0kmPaddington Academy
- 1.3kmMarylebone Boys' School
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Public Transport Nearby
The closest station to Flat 3, 53, Chepstow Road is Royal Oak station, which is 600 metres away.
- 600mRoyal Oak
- 600mWestbourne Park
- 700mBayswater
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
