Flat 5, Spire House
Flat 5, Spire House
Description & Estimates
Flat 5, Spire House appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 1,143 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 5, Spire House is £1,374,001 and its rental estimate is £5,396 per month, given the available information and assuming reasonable condition.
Spire House, Lancaster Gate is a residential building on Lancaster Gate, London, W2 and falls within the W2 postal district and the London Borough of City of Westminster.
Our Data Sources
Flat 5, Spire House has a single entry in the Land Registry from April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 5, Spire House, we estimate a market value of £1,442,701 and a rental value of £5,665 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,277,821 and £5,018 per month respectively.
Recent Market Change
Over the last year, Flat 5, Spire House has seen its estimated sale value climb by £1,807 (0.1%) and its estimated rental value rise by £381 per month (7.1%). This results in an estimated gross rental yield of 4.7%.
Sold Prices
The most recent sale of Flat 5, Spire House completed on 13th April 2007 at £1,600,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.3% over the period since April 2007.
- Sold Apr 2007£1,600,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, Spire House have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th October 2022, was Flat 8, 23, Brook Mews North, London, W2 3BW, a leasehold flat which sold for £1,210,000.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 220 metres of Flat 5, Spire House.
The latest, in July 2025, was 26A, Leinster Terrace, London, W2 3ET, a leasehold flat let by Maplewood Property.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 512 addresses on Lancaster Gate, London, W2, Flat 5, Spire House comes out as the 223rd largest and the 246th most expensive in our analysis of the public data.
It is also £303k more expensive than the average property across the W2 district.
More reading links
Schools Nearby
- 100mSt James & St John Church of England Primary School
- 500mHallfield Primary School
- 1.2kmEdward Wilson Primary School
- 800mMarylebone Boys' School
- 1.3kmWestminster Academy
- 1.6kmHolland Park School
More reading links
Public Transport Nearby
From Flat 5, Spire House, the nearest station is Lancaster Gate, 400 metres away.
- 400mLancaster Gate
- 500mPaddington
- 500mBayswater
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
