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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 5, 16, Devonshire Place is a modern leasehold apartment with 1,399 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 5, 16, Devonshire Place is £2,717,146 and the estimated rental value is £8,986 per month.
The apartment is within 16, Devonshire Place, London, W1.
Devonshire Place, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 5, 16, Devonshire Place has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated January 2021.
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, 16, Devonshire Place is in very good condition we estimate a sale value of £2,853,003 and a rental value of £9,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,526,946 and a rental value of £8,357 per month.
Over the last 12 months the sale value of Flat 5 16 Devonshire Place has decreased by an estimated £24,102 (0.9%) and its rental value has increased by an estimated £497 per month (5.5%), giving an expected gross yield of 4%.
Flat 5, 16, Devonshire Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2021.
The property is not connected to mains gas and has some double glazing. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, Flat 5, 16, Devonshire Place was last sold on 30th May 2024 for £2,700,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 16, Devonshire Place within a radius of 310 metres over the last 2 years.
The most recent example is Flat 64, Harley House, Marylebone Road, London, NW1 5HL, a leasehold flat which sold for £4,125,000 on the 3rd December 2019.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Place, London, W1 has a total of 126 addresses. According to our analysis of all the public data, Flat 5, 16, Devonshire Place is the 22nd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £608k more expensive than the average property in W1.
The nearest school is The St Marylebone CofE School which is 200 metres away. The nearest train station is Regent's Park which is 200 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.
