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According to the public record, Flat 7, 16, Stanhope Terrace is a early-century leasehold apartment with 1,410 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, 16, Stanhope Terrace is £1,931,872 and the estimated rental value is £6,863 per month.
The apartment is within 16, Stanhope Terrace, London, W2.
Stanhope Terrace, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 7, 16, Stanhope Terrace has 21 entries in the Land Registry , most recently in October 2008 and a single entry in the EPC database dated November 2018.
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 7, 16, Stanhope Terrace is in very good condition we estimate a sale value of £2,028,466 and a rental value of £7,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,796,641 and a rental value of £6,382 per month.
Over the last 12 months the sale value of Flat 7 16 Stanhope Terrace has increased by an estimated £2,541 (0.1%) and its rental value has increased by an estimated £484 per month (7.1%), giving an expected gross yield of 4.3%.
Flat 7, 16, Stanhope Terrace has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 7, 16, Stanhope Terrace was last sold on 21st October 2008 for £800,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2008, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 16, Stanhope Terrace within a radius of 310 metres over the last 2 years.
The most recent example is Flat 30, Sussex Lodge, Sussex Place, London, W2 2SQ, a leasehold flat which sold for £2,525,000 on the 10th January 2023.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Terrace, London, W2 has a total of 43 addresses. According to our analysis of all the public data, Flat 7, 16, Stanhope Terrace is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £861k more expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 500 metres away. The nearest train station is Lancaster Gate which is 300 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.
