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According to the public record, Flat 4, 29, Devonshire Place is a period leasehold apartment with 893 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 4, 29, Devonshire Place is £1,497,769 and the estimated rental value is £5,972 per month.
The apartment is within 29, Devonshire Place, London, W1.
Devonshire Place, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 4, 29, Devonshire Place has 31 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated March 2023.
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.
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 4, 29, Devonshire Place is in very good condition we estimate a sale value of £1,572,657 and a rental value of £6,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,392,925 and a rental value of £5,554 per month.
Over the last 12 months the sale value of Flat 4 29 Devonshire Place has decreased by an estimated £18,981 (1.3%) and its rental value has increased by an estimated £303 per month (5.1%), giving an expected gross yield of 4.8%.
Flat 4, 29, Devonshire Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, 29, Devonshire Place was last sold on 19th May 2023 for £1,600,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 29, Devonshire Place within a radius of 290 metres over the last 2 years.
The most recent example is Flat 6, 36, Devonshire Place, London, W1G 6JR, a leasehold flat which sold for £1,800,000 on the 26th September 2024.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Place, London, W1 has a total of 126 addresses. According to our analysis of all the public data, Flat 4, 29, Devonshire Place is the 83rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £611k less expensive than the average property in W1.
The nearest school is The St Marylebone CofE School which is 100 metres away. The nearest train station is Regent's Park which is 300 metres away.
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