Flat, 3
Flat, 3
Description & Estimates
Public records show Flat, 3, Formosa Street to be a mid-century leasehold apartment with 231 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat, 3, Formosa Street has an estimated sale value of £467,051 and an estimated rental value of £1,858 per month, assuming reasonable condition and based on the information available.
Formosa Street, London, W9 lies in the borough of City of Westminster, within the W9 postal district.
Our Data Sources
Flat, 3, Formosa Street has 91 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated March 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat, 3, Formosa Street would be worth £490,403, with a potential rental value of £1,951 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £434,357, with a rental value of £1,728 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, Formosa Street has climbed by £2,617 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £131 (7.0%). The property's estimated gross yield is currently 4.8%.
Energy Efficiency
Flat, 3, Formosa Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat, 3, Formosa Street last changed hands on 8th October 2024, selling for £516,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 9 times since 1995.
The market for similar properties has dropped by 24.7% since October 2024.
- Sold Oct 2024£516,000
- Sold Mar 2024£450,000
- Sold Jul 2009£243,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 260 metres of Flat, 3, Formosa Street across the last 2 years.
Most recently, Flat 3, 5, Formosa Street, London, W9 1EE, a leasehold flat, sold at £250,000 on the 13th September 2013.
Read more about house prices in W9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat, 3, Formosa Street as the 100th largest and the 80th most expensive of the 101 addresses on Formosa Street, London, W9.
Against the W9 postcode district average, it is £316k less expensive than the typical property.
More reading links
Schools Nearby
- 200mSt Saviour's CofE Primary School
- 400mSt Joseph's RC Primary School
- 400mSt Mary Magdalene & St Stephen's CofE Primary School
- 500mPaddington Academy
- 700mWestminster Academy
- 800mMarylebone Boys' School
More reading links
Public Transport Nearby
Warwick Avenue station is the nearest stop to Flat, 3, Formosa Street at 200 metres away.
- 200mWarwick Avenue
- 600mMaida Vale
- 700mRoyal Oak
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
