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According to the public record, Flat 7, 89, Piccadilly is a mid-century leasehold apartment with 721 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 7, 89, Piccadilly is £755,953 and the estimated rental value is £3,681 per month.
The apartment is within 89, Piccadilly, London, W1.
Piccadilly, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat 7, 89, Piccadilly has a single entry in the Land Registry from July 2011 and a single entry in the EPC database dated April 2021.
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, 89, Piccadilly is in very good condition we estimate a sale value of £793,750 and a rental value of £3,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £703,036 and a rental value of £3,423 per month.
Over the last 12 months the sale value of Flat 7 89 Piccadilly has decreased by an estimated £9,580 (1.3%) and its rental value has increased by an estimated £187 per month (5.1%), giving an expected gross yield of 5.8%.
Flat 7, 89, Piccadilly has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 7, 89, Piccadilly was last sold on 28th July 2011 for £171,825 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2011, the market for similar properties has dropped 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 89, Piccadilly within a radius of 430 metres over the last 2 years.
The most recent example is Flat 4, 73, St. James's Street, London, SW1A 1PH, a leasehold flat which sold for £230,000 on the 25th July 2023.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Piccadilly, London, W1 has a total of 78 addresses. According to our analysis of all the public data, Flat 7, 89, Piccadilly is the 63rd largest and the 74th most expensive property on the street.
When compared to the postcode district it is £1.353m less expensive than the average property in W1.
The nearest school is St George's Hanover Square CofE Primary School which is 500 metres away. The nearest train station is Green Park which is 100 metres away.
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