Apartment 1408, 3 Merchant Square, London, W2 1BF is a leasehold flat built between 2012-2021. The property offers approximately 1,227 square feet of living space and is situated on the 14th floor of a 21-storey building. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,768,675 , which equates to approximately £1,441 per square foot. It was last sold on 31 Aug 2023 for £2,200,000. Since then, the value has decreased by £431,325, representing a 19.6% decrease, or approximately 8.5% per year.

The current estimated value of £1,768,675 is:

  • 26.0% higher than the average property price on Merchant Square
  • 3.1% lower than the average in the W2 1BF postcode area
  • and 111.7% higher than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 19 August 2025, the property was recorded as rented.

View sold house prices in W2 1BF

Building approximate location

About Property

Type
Flat
Built
2012-2021
Interior Size
1227 sq ft
Tenure
Leasehold
Floor level
14th floor of 21
Price (estimate)
£1,768,675
Price Per sq ft (estimate)
£1,441
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 1408, 3 Merchant Square, London, City Of Westminster, Greater London, W2 1BF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Aug 2025.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jul 2014, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 10.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to average, while the heating system type remained the same (community scheme).
  • The hot water energy efficiency changing from very good to average, while the system remained as community scheme.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.73 w/m-¦k to system built, as built, insulated (assumed), improving energy efficiency from average to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in all fixed outlets to good lighting efficiency, with efficiency changing from very good to good.
Heating Type
Community scheme
Average
Hot Water
Community scheme
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Poor
Lighting
Good lighting efficiency
Good

Compared to W2 1BF

17 th / 67
Price Rank
3% lower than average
16 th / 67
Size Rank
1% bigger than average
20 th / 67
Price Per Sq FT Rank
4% lower than average

Compared to other properties in W2 1BF , this flat's estimated value ranks 17th out of 67. Based on price per square foot, it ranks 20th out of 67 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 16th out of 67 properties in its postcode area.

Sale History

Today
£1,768,675
streetscan.co.uk estimate
-20 %
31 Aug 2023
£2,200,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1087 sq ft
sale price: £2,300,000
sale date: 29 May 2025
rooms: 3
size: 1076 sq ft
sale price: £1,280,000
sale date: 6 Jan 2025
rooms: 3
size: 1141 sq ft
sale price: £1,730,000
sale date: 2 Oct 2014
rooms: 3
size: 1109 sq ft
sale price: £1,680,000
sale date: 2 Oct 2014
rooms: 4
size: 1119 sq ft
sale price: £1,572,500
sale date: 19 Sep 2014

Data Sources

The property at Apartment 1408, 3 Merchant Square, London, City Of Westminster, Greater London, W2 1BF appears once in the Land Registry records, with the transaction recorded on 31 Aug 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Aug 2025. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.