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According to the public record, Flat 5, 28, Lancaster Gate is a period apartment with 1,614 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, 28, Lancaster Gate is £2,003,267 and the estimated rental value is £7,540 per month.
The apartment is within 28, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 5, 28, Lancaster Gate has no records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, 28, Lancaster Gate is in very good condition we estimate a sale value of £2,103,430 and a rental value of £7,917 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,863,038 and a rental value of £7,012 per month.
Over the last 12 months the sale value of Flat 5 28 Lancaster Gate has increased by an estimated £14,550 (0.7%) and its rental value has increased by an estimated £735 per month (9.8%), giving an expected gross yield of 4.5%.
Flat 5, 28, Lancaster Gate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jun 2020.
The property is not connected to mains gas and has some double glazing. It is heated using Warm air, Electricaire.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 28, Lancaster Gate within a radius of 230 metres over the last 2 years.
The most recent example is Flat 2, Hilton House 22, Craven Hill Gardens, London, W2 3EE, a leasehold flat which sold for £1,470,000 on the 17th September 2024.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Gate, London, W2 has a total of 512 addresses. According to our analysis of all the public data, Flat 5, 28, Lancaster Gate is the 87th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £951k more expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 76 metres away. The nearest train station is Lancaster Gate which is 300 metres away.
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