Flat 498, Park West Edgware Road, London, W2 2QX is a leasehold flat built between 1900-1929. The property offers approximately 1,055 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £742,542 , which equates to approximately £704 per square foot. It was last sold on 6 Jul 2016 for £870,000. Since then, the value has decreased by £127,458, representing a 14.7% decrease, or approximately 1.6% per year.

The current estimated value of £742,542 is:

  • 7.9% higher than the average property price on Edgware Road
  • 33.6% higher than the average in the W2 2QX postcode area
  • and 15.2% lower 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 9 August 2022, the property was recorded as rented.

View sold house prices in W2 2QX

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1055 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£742,542
Price Per sq ft (estimate)
£704
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 498, Park West Edgware Road, London, City Of Westminster, Greater London, W2 2QX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Aug 2022.

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 single glazed.

The previous EPC assessment was conducted on 26 Apr 2012. The rating of C remains the same, but the energy efficiency score improved by 2.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from community scheme, no cylinder thermostat to community scheme, with its energy efficiency improving from average to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was changed from low energy lighting in 62% of fixed outlets to low energy lighting in 64% of fixed outlets, with no change in efficiency (good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 64% of fixed outlets
Good

Compared to W2 2QX

9 th / 28
Price Rank
34% higher than average
4 th / 26
Size Rank
86% bigger than average
24 th / 26
Price Per Sq FT Rank
28% lower than average

Compared to other properties in W2 2QX , this flat's estimated value ranks 9th out of 28. Based on price per square foot, it ranks 24th out of 26 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 26 properties in its postcode area.

Sale History

Today
£742,542
streetscan.co.uk estimate
-15 %
6 Jul 2016
£870,000
Leasehold
+74 %
11 Jul 2012
£500,000
Leasehold
+16.3 %
31 Aug 2007
£430,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1076 sq ft
sale price: £760,000
sale date: 27 Jun 2023
rooms: 4
size: 980 sq ft
sale price: £795,000
sale date: 25 Jun 2020
rooms: 4
size: 1098 sq ft
sale price: £743,000
sale date: 22 Aug 2013
rooms: 4
size: 915 sq ft
sale price: £788,880
sale date: 19 Jul 2013
rooms: 4
size: 958 sq ft
sale price: £580,000
sale date: 31 Aug 2012

Data Sources

The property at Flat 498, Park West Edgware Road, London, W2 2QX appears three times in the Land Registry records, with the latest transaction recorded on 6 Jul 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Aug 2022. 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.