Flat 4, 3
Flat 4, 3
Description & Estimates
According to the public record, Flat 4, 3, Craven Terrace is a period leasehold apartment with 1,112 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 3, Craven Terrace is £941,048 and the estimated rental value is £4,679 per month.
The apartment is within 3, Craven Terrace, London, W2.
Craven Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Our Data Sources
Flat 4, 3, Craven Terrace has 41 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated August 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, 3, Craven Terrace is in very good condition we estimate a sale value of £988,100 and a rental value of £4,913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £875,175 and a rental value of £4,351 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 3, Craven Terrace has grown by £1,238 (0.1%), while its estimated rental value has climbed by £330 per month (7.1%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 4, 3, Craven Terrace has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Aug 2010.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 4, 3, Craven Terrace was last sold on 5th February 2018 for £900,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since February 2018, the market for similar properties has dropped by 32.2%.
- Sold Feb 2018£900,000
- Sold May 2011£660,000
- Sold Mar 2007£650,000
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 4, 3, Craven Terrace within a radius of 190 metres over the last 2 years.
The most recent example is 33, Brook Mews North, London, W2 3BW, a leasehold flat which sold for £990,000 on the 4th September 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
Craven Terrace, London, W2 has a total of 177 addresses. According to our analysis of all the public data, Flat 4, 3, Craven Terrace is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in W2.
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Schools Nearby
- 0mSt James & St John Church of England Primary School
- 500mHallfield Primary School
- 1.1kmHampden Gurney CofE Primary School
- 700mMarylebone Boys' School
- 1.3kmWestminster Academy
- 1.6kmPaddington Academy
More reading links
Public Transport Nearby
The closest station to Flat 4, 3, Craven Terrace is Lancaster Gate station, which is 300 metres away.
- 300mLancaster Gate
- 400mPaddington
- 400mLondon Paddington
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
