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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
According to the public record, Flat 7, 14, Lancaster Gate is a period leasehold apartment with 1,119 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 7, 14, Lancaster Gate is £1,552,121 and the estimated rental value is £5,392 per month.
The apartment is within 14, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 7, 14, Lancaster Gate has 31 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 7, 14, Lancaster Gate is in very good condition we estimate a sale value of £1,629,727 and a rental value of £5,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,443,472 and a rental value of £5,015 per month.
Over the last 12 months the sale value of Flat 7 14 Lancaster Gate has increased by an estimated £2,042 (0.1%) and its rental value has increased by an estimated £380 per month (7.1%), giving an expected gross yield of 4.2%.
Flat 7, 14, Lancaster Gate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 7, 14, Lancaster Gate was last sold on 16th March 2012 for £1,100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2012, the market for similar properties has dropped 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 14, Lancaster Gate within a radius of 260 metres over the last 2 years.
The most recent example is Flat 8, 23, Brook Mews North, London, W2 3BW, a leasehold flat which sold for £1,210,000 on the 17th October 2022.
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 7, 14, Lancaster Gate is the 225th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £481k more expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 100 metres away. The nearest train station is Lancaster Gate 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.
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