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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, 8, Park Crescent is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 8, Park Crescent is £1,027,939 and the estimated rental value is £3,001 per month.
The apartment is within 8, Park Crescent, London, W1.
Park Crescent, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 7, 8, Park Crescent has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated March 2021.
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, 8, Park Crescent is in very good condition we estimate a sale value of £1,079,336 and a rental value of £3,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £955,983 and a rental value of £2,791 per month.
Over the last 12 months the sale value of Flat 7 8 Park Crescent has decreased by an estimated £12,762 (1.2%) and its rental value has increased by an estimated £153 per month (5.1%), giving an expected gross yield of 3.5%.
Flat 7, 8, Park Crescent has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2021.
The property is not 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, 8, Park Crescent was last sold on 17th December 2021 for £1,150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 7, 8, Park Crescent within a radius of 310 metres over the last 2 years.
The most recent example is Flat 8, 8, Park Crescent, London, W1B 1PG, a leasehold flat which sold for £1,095,000 on the 30th June 2022.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Crescent, London, W1 has a total of 180 addresses. According to our analysis of all the public data, Flat 7, 8, Park Crescent is the 151st largest and the 98th most expensive property on the street.
When compared to the postcode district it is £1.081m less expensive than the average property in W1.
The nearest school is The St Marylebone CofE School which is 500 metres away. The nearest train station is Great Portland Street which is 100 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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