Flat 4, 1-3
Flat 4, 1-3
Description & Estimates
Flat 4, 1-3, Princes Gate appears in the public record as a leasehold apartment.
We estimate it to be an early-century apartment with 555 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 1-3, Princes Gate is £2,430,054 and its rental estimate is £3,160 per month, given the available information and assuming reasonable condition.
1-3, Princes Gate is a residential building on Princes Gate, London, SW7 and falls within the SW7 postal district and the London Borough of City of Westminster.
Our Data Sources
Flat 4, 1-3, Princes Gate has a single entry in the Land Registry from September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 4, 1-3, Princes Gate, we estimate a market value of £2,551,557 and a rental value of £3,318 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £2,259,951 and £2,938 per month respectively.
Recent Market Change
Over the last year, Flat 4, 1-3, Princes Gate has seen its estimated sale value fall by £29,440 (1.2%) and its estimated rental value move up by £143 per month (4.5%). This results in an estimated gross rental yield of 1.6%.
Sold Prices
The most recent sale of Flat 4, 1-3, Princes Gate completed on 10th September 2008 at £478,797 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.6% over the period since September 2008.
- Sold Sep 2008£478,797
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 4, 1-3, Princes Gate has sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2016, was Flat 7, 3, Ennismore Gardens, London, SW7 1NL, a leasehold flat which sold for £615,500.
Read more about house prices in SW7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 306 addresses on Princes Gate, London, SW7, Flat 4, 1-3, Princes Gate comes out as the 294th largest and the 90th most expensive in our analysis of the public data.
It is also £318k more expensive than the average property across the SW7 district.
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Schools Nearby
- 1.0kmMarlborough Primary School
- 1.1kmSt Joseph's Catholic Primary School
- 1.2kmOur Lady of Victories RC Primary School
- 1.1kmSt. Thomas More Language College
- 2.0kmMarylebone Boys' School
- 2.1kmWestminster City School
More reading links
Public Transport Nearby
From Flat 4, 1-3, Princes Gate, the nearest station is Knightsbridge, 500 metres away.
- 500mKnightsbridge
- 900mSouth Kensington
- 1.2kmHyde Park Corner
Available Internet Speeds
Broadband here reaches standard speeds, based on recent Ofcom data.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
