Flat 2, 62 Inverness Terrace, London, W2 3LB is a leasehold flat built before 1900. The property offers approximately 775 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £830,695 , which equates to approximately £1,072 per square foot. It was last sold on 14 Jan 1999 for £189,000. Since then, the value has increased by £641,695, representing a 339.5% increase, or approximately 12.6% per year.

The current estimated value of £830,695 is:

  • 19.2% lower than the average property price on Inverness Terrace
  • 21.0% lower than the average in the W2 3LB postcode area
  • and 0.6% lower than the average price for London as a whole

At the most recent EPC inspection on 25 June 2021, the property was recorded as rented.

View sold house prices in W2 3LB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
775 sq ft
Tenure
Leasehold
Price (estimate)
£830,695
Price Per sq ft (estimate)
£1,072
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 62 Inverness Terrace, London, City Of Westminster, Greater London, W2 3LB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Jun 2021.

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 mostly double glazed.

The previous EPC assessment was conducted on 1 Feb 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.9%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from partial double glazing to mostly double glazing.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 3LB

7 th / 24
Price Rank
21% lower than average
4 th / 16
Size Rank
41% bigger than average
13 th / 16
Price Per Sq FT Rank
44% lower than average

Compared to other properties in W2 3LB , this flat's estimated value ranks 7th out of 24. Based on price per square foot, it ranks 13th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 16 properties in its postcode area.

Sale History

Today
£830,695
streetscan.co.uk estimate
+340 %
14 Jan 1999
£189,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, 62 Inverness Terrace, London, W2 3LB
rooms: 4
size: 786 sq ft
sale price: £1,100,000
sale date: 16 Jan 2023
78A Inverness Terrace, London, W2 3LB
rooms: 3
size: 786 sq ft
sale price: £850,000
sale date: 2 Dec 2019
60 Inverness Terrace, London, W2 3LB
rooms: 3
size: 807 sq ft
sale price: £912,500
sale date: 20 Jun 2019
Flat 21, 31 Inverness Terrace, London, W2 3JR
rooms: 3
size: 689 sq ft
sale price: £740,000
sale date: 3 Jan 2024
10, Cervantes Court Inverness Terrace, London, W2 6JE
rooms: 3
size: 764 sq ft
sale price: £660,000
sale date: 13 Jun 2023

Data Sources

The property at Flat 2, 62 Inverness Terrace, London, City Of Westminster, Greater London, W2 3LB appears once in the Land Registry records, with the transaction recorded on 14 Jan 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 2021. 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.
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