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In this area, apartments of this size normally have 1 bedroom.
Flat 31, 22, Park Crescent has an estimated sale value of £736,729 and an estimated rental value of £3,443 per month, assuming reasonable condition and based on the information available.
The apartment sits within 22, Park Crescent, London, W1.
Park Crescent, London, W1 lies in the borough of City of Westminster, within the W1 postal district.
Flat 31, 22, Park Crescent has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated April 2021.
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.
In very good condition, we estimate Flat 31, 22, Park Crescent would be worth £773,566, with a potential rental value of £3,615 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £685,158, with a rental value of £3,202 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 31, 22, Park Crescent has moved down by £9,147 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £175 (5.1%). The property's estimated gross yield is currently 5.6%.
Flat 31, 22, Park Crescent has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Flat 31, 22, Park Crescent last changed hands on 11th November 2022, selling for £950,000. 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 7.1% since November 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 31, 22, Park Crescent across the last 2 years.
Most recently, Flat 68, 22, Park Crescent, London, W1B 1PE, a leasehold flat, sold at £720,000 on the 3rd December 2021.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 31, 22, Park Crescent as the 127th largest and the 123rd most expensive of the 180 addresses on Park Crescent, London, W1.
Against the W1 postcode district average, it is £1.372m less expensive than the typical property.
Regent's Park station is the nearest stop to Flat 31, 22, Park Crescent at 100 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 31, 22, Park Crescent, 61.6% of property is privately rented and 20.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 31, 22, Park Crescent, 11.8% of residents are recorded as possessing school level qualifications and 78.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 31, 22, Park Crescent, the average age was 41 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 31, 22, Park Crescent, 3.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 31, 22, Park Crescent, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.