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According to the public record, Flat 5, 10, Park Crescent is a modern leasehold apartment with 3,692 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 10, Park Crescent is £7,351,135 and the estimated rental value is £23,263 per month.
The apartment is within 10, Park Crescent, London, W1.
Park Crescent, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 5, 10, Park Crescent has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated July 2015.
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 5, 10, Park Crescent is in very good condition we estimate a sale value of £7,718,692 and a rental value of £24,426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £6,836,556 and a rental value of £21,635 per month.
Over the last 12 months the sale value of Flat 5 10 Park Crescent has increased by an estimated £102,161 (1.4%) and its rental value has increased by an estimated £1821 per month (7.8%), giving an expected gross yield of 3.8%.
Flat 5, 10, Park Crescent has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2015.
The property is not connected to mains gas and has multiple glazing throughout. It is heated using Community scheme.
According to HM Land Registry, Flat 5, 10, Park Crescent was last sold on 30th March 2017 for £6,650,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2017, the market for similar properties has dropped 43.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 10, Park Crescent within a radius of 290 metres over the last 2 years.
The most recent example is Flat 1, 10, Park Crescent, London, W1B 1PG, a leasehold flat which sold for £9,700,000 on the 3rd August 2022.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Crescent, London, W1 has a total of 180 addresses. According to our analysis of all the public data, Flat 5, 10, Park Crescent is the 17th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £5.242m more expensive than the average property in W1.
The nearest school is The St Marylebone CofE School which is 500 metres away. The nearest train station is Great Portland Street which is 100 metres away.
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