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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 4, 40, Chester Square is a mid-century leasehold apartment with 1,829 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, 40, Chester Square is £2,971,127 and the estimated rental value is £8,954 per month.
The apartment is within 40, Chester Square, London, SW1.
Chester Square, London, SW1 is located in the borough of City of Westminster within the SW1 postal district.
Flat 4, 40, Chester Square has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated March 2017.
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, 40, Chester Square is in very good condition we estimate a sale value of £3,119,684 and a rental value of £9,402 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,763,148 and a rental value of £8,327 per month.
Over the past 12 months, the estimated sale value of Flat 4, 40, Chester Square has fallen by £36,931 (1.2%), while its estimated rental value has moved up by £660 per month (7.4%). Based on current estimates, the property offers a gross rental yield of 3.6%.
Flat 4, 40, Chester Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 4, 40, Chester Square was last sold on 29th September 2023 for £3,900,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped by 52.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 40, Chester Square within a radius of 310 metres over the last 2 years.
The most recent example is Flat B, 39, Eaton Square, London, SW1W 9DH, a leasehold flat which sold for £4,041,000 on the 5th April 2022.
Read more about house prices in SW1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chester Square, London, SW1 has a total of 114 addresses. According to our analysis of all the public data, Flat 4, 40, Chester Square is the 81st largest and the 88th most expensive property on the street.
When compared to the postcode district it is £1.421m more expensive than the average property in SW1.
The closest station to Flat 4, 40, Chester Square is Sloane Square station, which is 500 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 40, Chester Square, 52.2% of property is privately owned outright and 29.9% is privately rented.
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 4, 40, Chester Square, 21.2% of residents are recorded as possessing school level qualifications and 62.3% 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 4, 40, Chester Square, the average age was 39.5 and the most common age was 17.
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 4, 40, Chester Square, 14.1% 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 4, 40, Chester Square, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
