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According to the public record, Flat 4, 3, Stanhope Place is a period leasehold apartment with 1,485 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, Stanhope Place is £1,760,746 and the estimated rental value is £7,520 per month.
The apartment is within 3, Stanhope Place, London, W2.
Stanhope Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 4, 3, Stanhope Place has 21 entries in the Land Registry , most recently in February 2007 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 3, Stanhope Place is in very good condition we estimate a sale value of £1,848,783 and a rental value of £7,896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,637,493 and a rental value of £6,994 per month.
Over the last 12 months the sale value of Flat 4 3 Stanhope Place has increased by an estimated £2,316 (0.1%) and its rental value has increased by an estimated £530 per month (7.1%), giving an expected gross yield of 5.1%.
Flat 4, 3, Stanhope Place has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 May 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 4, 3, Stanhope Place was last sold on 2nd February 2007 for £865,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2007, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 3, Stanhope Place within a radius of 290 metres over the last 2 years.
The most recent example is 4 Lanchester Court, Seymour Street, London, W2 2JQ, a leasehold flat which sold for £2,355,000 on the 8th December 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Place, London, W2 has a total of 50 addresses. According to our analysis of all the public data, Flat 4, 3, Stanhope Place is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £689k more expensive than the average property in W2.
The nearest school is Hampden Gurney CofE Primary School which is 400 metres away. The nearest train station is Marble Arch which is 300 metres away.
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