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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
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According to the public record, Flat 4, 8, Spring Street is a period apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 8, Spring Street is £293,838 and the estimated rental value is £1,560 per month.
The apartment is within 8, Spring Street, London, W2.
Spring Street, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 4, 8, Spring Street has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data 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, 8, Spring Street is in very good condition we estimate a sale value of £308,530 and a rental value of £1,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,269 and a rental value of £1,451 per month.
Over the last 12 months the sale value of Flat 4 8 Spring Street has decreased by an estimated £6,146 (2.1%) and its rental value has increased by an estimated £74 per month (4.8%), giving an expected gross yield of 6.4%.
Flat 4, 8, Spring Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2020.
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, 8, Spring Street was last sold on 1st December 1997 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 8, Spring Street within a radius of 240 metres over the last 2 years.
The most recent example is Flat 6, 30, Gloucester Terrace, London, W2 3DA, a leasehold flat which sold for £252,000 on the 15th May 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Street, London, W2 has a total of 121 addresses. According to our analysis of all the public data, Flat 4, 8, Spring Street is the 108th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £778k less expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 300 metres away. The nearest train station is Paddington which is 100 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
