Apartment 201, 3 Merchant Square, London, W2 1AZ is a leasehold flat built between 2007-2011. The property offers approximately 1,163 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,213,078 , which equates to approximately £1,043 per square foot. It was last sold on 12 Sep 2014 for £1,380,000. Since then, the value has decreased by £166,922, representing a 12.1% decrease, or approximately 1.1% per year.

The current estimated value of £1,213,078 is:

  • 13.6% lower than the average property price on Merchant Square
  • 4.6% higher than the average in the W2 1AZ postcode area
  • and 45.2% 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 24 June 2024, the property was recorded as rented.

View sold house prices in W2 1AZ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
1163 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£1,213,078
Price Per sq ft (estimate)
£1,043
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 201, 3 Merchant Square, London, City Of Westminster, Greater London, W2 1AZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 24 Jun 2024.

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. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (community scheme).
  • The hot water energy efficiency changing from very good to good, 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.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 1AZ

27 th / 70
Price Rank
5% higher than average
18 th / 70
Size Rank
23% bigger than average
41 st / 70
Price Per Sq FT Rank
15% lower than average

Compared to other properties in W2 1AZ , this flat's estimated value ranks 27th out of 70. Based on price per square foot, it ranks 41th out of 70 properties. In terms of size, this home ranks 18th out of 70 properties in its postcode area.

Sale History

Today
£1,213,078
streetscan.co.uk estimate
-12 %
12 Sep 2014
£1,380,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1335 sq ft
sale price: £2,030,000
sale date: 19 Sep 2019
rooms: 4
size: 1335 sq ft
sale price: £2,090,000
sale date: 15 Jun 2017
rooms: 3
size: 1195 sq ft
sale price: £1,460,000
sale date: 22 Sep 2014
rooms: 4
size: 1259 sq ft
sale price: £1,332,500
sale date: 19 Sep 2014
rooms: 4
size: 1076 sq ft
sale price: £1,324,482
sale date: 12 Sep 2014

Data Sources

The property at Apartment 201, 3 Merchant Square, London, City Of Westminster, Greater London, W2 1AZ appears once in the Land Registry records, with the transaction recorded on 12 Sep 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jun 2024. 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.