Flat 1, 7 Spring Street, London, W2 3RA is a leasehold flat built before 1900. The property offers approximately 398 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £531,884 , which equates to approximately £1,335 per square foot. It was last sold on 15 Jan 2008 for £350,000. Since then, the value has increased by £181,884, representing a 52.0% increase, or approximately 2.9% per year.

The current estimated value of £531,884 is:

  • 3.7% lower than the average property price on Spring Street
  • 46.2% lower than the average in the W2 3RA postcode area
  • and 36.4% lower than the average price for London as a whole

At the most recent EPC inspection on 28 March 2023, the property was recorded as rented.

View sold house prices in W2 3RA

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£531,884
Price Per sq ft (estimate)
£1,335
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 7 Spring Street, London, City Of Westminster, Greater London, W2 3RA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Mar 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 28 Aug 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 61%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency improving from average to good.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 44% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 44% of fixed outlets
Average

Compared to W2 3RA

7 th / 18
Price Rank
46% lower than average
9 th / 13
Size Rank
55% smaller than average
2 nd / 13
Price Per Sq FT Rank
18% higher than average

Compared to other properties in W2 3RA , this flat's estimated value ranks 7th out of 18. Based on price per square foot, it ranks 2nd out of 13 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 9th out of 13 properties in its postcode area.

Sale History

Today
£531,884
streetscan.co.uk estimate
+52 %
15 Jan 2008
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 344 sq ft
sale price: £368,000
sale date: 16 Feb 2024
rooms: 2
size: 398 sq ft
sale price: £410,000
sale date: 10 Nov 2017
rooms: 2
size: 388 sq ft
sale price: £280,000
sale date: 27 Nov 2009
rooms: 2
size: 398 sq ft
sale price: £265,000
sale date: 2 Apr 2007
rooms: 2
size: 409 sq ft
sale price: £185,000
sale date: 1 Dec 2005

Data Sources

The property at Flat 1, 7 Spring Street, London, City Of Westminster, Greater London, W2 3RA appears once in the Land Registry records, with the transaction recorded on 15 Jan 2008. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Mar 2023. 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.