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According to the public record, Flat A, 12, Rex Place is a period leasehold apartment with 1,033 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 A, 12, Rex Place is £3,991,974 and the estimated rental value is £10,976 per month.
The apartment is within 12, Rex Place, London, W1.
Rex Place, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Flat A, 12, Rex Place has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 A, 12, Rex Place is in very good condition we estimate a sale value of £4,191,573 and a rental value of £11,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,712,536 and a rental value of £10,208 per month.
Over the last 12 months the sale value of Flat A 12 Rex Place has decreased by an estimated £35,410 (0.9%) and its rental value has increased by an estimated £607 per month (5.5%), giving an expected gross yield of 3.3%.
Flat A, 12, Rex Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat A, 12, Rex Place was last sold on 30th March 2021 for £4,500,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has dropped 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 12, Rex Place within a radius of 420 metres over the last 2 years.
The most recent example is Flat B, 12, Rex Place, London, W1K 2HB, a leasehold flat which sold for £4,500,000 on the 30th March 2021.
Read more about house prices in W1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rex Place, London, W1 has a total of 9 addresses. According to our analysis of all the public data, Flat A, 12, Rex Place is the 8th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.883m more expensive than the average property in W1.
The nearest school is St George's Hanover Square CofE Primary School which is 200 metres away. The nearest train station is Hyde Park Corner which is 600 metres away.
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