Flat 54, 1
Flat 54, 1
Description & Estimates
According to the public record, Flat 54, 1, Chepstow Place is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 54, 1, Chepstow Place is £949,101 and the estimated rental value is £3,983 per month.
The apartment is within 1, Chepstow Place, London, W2.
Chepstow Place, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Our Data Sources
Flat 54, 1, Chepstow Place has 21 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that 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.
Price Range & Condition
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 54, 1, Chepstow Place is in very good condition we estimate a sale value of £996,556 and a rental value of £4,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £882,664 and a rental value of £3,704 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 54, 1, Chepstow Place has fallen by £5,139 (0.5%), while its estimated rental value has moved up by £236 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat 54, 1, Chepstow Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 54, 1, Chepstow Place was last sold on 27th October 2023 for £950,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2023, the market for similar properties has dropped by 23.4%.
- Sold Oct 2023£950,000
- Sold Feb 2001£353,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 54, 1, Chepstow Place within a radius of 240 metres over the last 2 years.
The most recent example is Flat 22, 1, Chepstow Place, London, W2 4TE, a leasehold flat which sold for £925,000 on the 31st January 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chepstow Place, London, W2 has a total of 188 addresses. According to our analysis of all the public data, Flat 54, 1, Chepstow Place is the 102nd largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in W2.
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Schools Nearby
- 400mSt. Mary of the Angels Catholic Primary School
- 600mHallfield Primary School
- 600mColville Primary School
- 700mWestminster Academy
- 1.2kmHolland Park School
- 1.2kmPaddington Academy
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Public Transport Nearby
The closest station to Flat 54, 1, Chepstow Place is Bayswater station, which is 500 metres away.
- 500mBayswater
- 600mRoyal Oak
- 600mNotting Hill Gate
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
