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According to the public record, Flat E, 15, Lancaster Gate is a period apartment with 1,646 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat E, 15, Lancaster Gate is £2,367,111 and the estimated rental value is £7,861 per month.
The apartment is within 15, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat E, 15, Lancaster Gate has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2015.
We combine this information with public data 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 E, 15, Lancaster Gate is in very good condition we estimate a sale value of £2,485,466 and a rental value of £8,254 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,201,413 and a rental value of £7,310 per month.
Over the last 12 months the sale value of Flat E 15 Lancaster Gate has increased by an estimated £17,193 (0.7%) and its rental value has increased by an estimated £767 per month (9.8%), giving an expected gross yield of 4%.
Flat E, 15, Lancaster Gate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jul 2015.
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 E, 15, Lancaster Gate was last sold on 13th December 2006 for £1,295,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat E, 15, Lancaster Gate within a radius of 250 metres over the last 2 years.
The most recent example is The Old Bank 64, Bayswater Road, London, W2 3PH, a leasehold flat which sold for £4,500,000 on the 30th May 2014.
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 E, 15, Lancaster Gate is the 77th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £1.314m more expensive than the average property in W2.
The nearest school is St James & St John Church of England Primary School which is 109 metres away. The nearest train station is Lancaster Gate which is 200 metres away.
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