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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 E, 18, Lancaster Gate is £581,466 and the estimated rental value is £2,091 per month.
The apartment is within 18, Lancaster Gate, London, W2.
Lancaster Gate, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat E, 18, Lancaster Gate has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
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, 18, Lancaster Gate is in very good condition we estimate a sale value of £610,539 and a rental value of £2,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £540,763 and a rental value of £1,945 per month.
Over the last 12 months the sale value of Flat E 18 Lancaster Gate has decreased by an estimated £12,446 (2.1%) and its rental value has increased by an estimated £103 per month (4.9%), giving an expected gross yield of 4.3%.
Flat E, 18, Lancaster Gate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 18, Lancaster Gate within a radius of 240 metres over the last 2 years.
The most recent example is Flat 6, 10, Westbourne Terrace, London, W2 3UW, a leasehold flat which sold for £800,000 on the 16th February 2024.
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, 18, Lancaster Gate is the 457th largest and the 452nd most expensive property on the street.
When compared to the postcode district it is £471k less 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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