Flat 2, 14 Lancaster Gate, London, W2 3LH is a leasehold flat built before 1900. The property offers approximately 2,626 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £342,422 , which equates to approximately £130 per square foot. It was last sold on 9 Mar 2018 for £435,259. Since then, the value has decreased by £92,837, representing a 21.3% decrease, or approximately 2.7% per year.

The current estimated value of £342,422 is:

  • 85.6% lower than the average property price on Lancaster Gate
  • 88.8% lower than the average in the W2 3LH postcode area
  • and 59.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 July 2012, the property was recorded as owner-occupied.

View sold house prices in W2 3LH

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
2626 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£342,422
Price Per sq ft (estimate)
£130
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 2, 14 Lancaster Gate, London, City Of Westminster, Greater London Authority, W2 3LH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 20 Mar 2017.

This property is heated by an air source heat pump with warm air heating. A standard tariff electric immersion heater is used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 24 Jul 2012. The rating of E remains the same, but the energy efficiency score improved by 10.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from good to poor, while the heating system type remained the same (air source heat pump, warm air, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from (another dwelling above) to flat, no insulation (assumed), improving energy efficiency from n/a to very poor.
  • The windows were upgraded from some double glazing to single glazed.
  • The lighting was changed from low energy lighting in 36% of fixed outlets to low energy lighting in 25% of fixed outlets, with no change in efficiency (average).
Heating Type
Air source heat pump, warm air, electric
Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to W2 3LH

5 th / 28
Price Rank
89% lower than average
1 st / 12
Size Rank
152% bigger than average
7 th / 12
Price Per Sq FT Rank
96% lower than average

Compared to other properties in W2 3LH , this flat's estimated value ranks 5th out of 28. Based on price per square foot, it ranks 7th out of 12 properties. In terms of size, this home ranks 1st out of 12 properties in its postcode area.

Sale History

Today
£342,422
streetscan.co.uk estimate
-21 %
9 Mar 2018
£435,259
Leasehold
-81.5 %
11 Sep 2009
£2,350,000
Leasehold
+42.4 %
31 Oct 2005
£1,650,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 2293 sq ft
sale price: £3,685,000
sale date: 29 Aug 2023
rooms: 5
size: 2336 sq ft
sale price: £3,800,000
sale date: 17 May 2021
rooms: 6
size: 2745 sq ft
sale price: £4,750,000
sale date: 8 Dec 2014
rooms: 5
size: 2497 sq ft
sale price: £4,250,000
sale date: 9 Oct 2014
rooms: 4
size: 2885 sq ft
sale price: £6,600,000
sale date: 28 Aug 2013

Data Sources

The property at Flat 2, 14 Lancaster Gate, London, W2 3LH appears three times in the Land Registry records, with the latest transaction recorded on 9 Mar 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Mar 2017. 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.