Flat 5, 498 Edgware Road, London, W2 1EJ is a leasehold flat built between 1996-2002. The property offers approximately 614 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £399,393 , which equates to approximately £651 per square foot. It was last sold on 20 May 2011 for £295,000. Since then, the value has increased by £104,393, representing a 35.4% increase, or approximately 2.4% per year.

The current estimated value of £399,393 is:

  • 42.0% lower than the average property price on Edgware Road
  • 9.1% higher than the average in the W2 1EJ postcode area
  • and 54.4% 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 21 April 2021, the property was recorded as rented.

View sold house prices in W2 1EJ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£399,393
Price Per sq ft (estimate)
£651
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 498 Edgware Road, London, City Of Westminster, Greater London, W2 1EJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 21 Apr 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Mar 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 15.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency changing from good to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to W2 1EJ

7 th / 33
Price Rank
9% higher than average
6 th / 19
Size Rank
57% bigger than average
12 th / 19
Price Per Sq FT Rank
31% lower than average

Compared to other properties in W2 1EJ , this flat's estimated value ranks 7th out of 33. Based on price per square foot, it ranks 12th out of 19 properties. In terms of size, this home ranks 6th out of 19 properties in its postcode area.

Sale History

Today
£399,393
streetscan.co.uk estimate
+35 %
20 May 2011
£295,000
Leasehold
+10.9 %
2 Jun 2006
£266,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 614 sq ft
sale price: £197,500
sale date: 7 Jul 2017
rooms: 2
size: 635 sq ft
sale price: £200,000
sale date: 9 Sep 2005
rooms: 2
size: 614 sq ft
sale price: £415,000
sale date: 21 Feb 2025
rooms: 2
size: 549 sq ft
sale price: £525,000
sale date: 15 Jan 2025
rooms: 3
size: 635 sq ft
sale price: £212,000
sale date: 22 Apr 2024

Data Sources

The property at Flat 5, 498 Edgware Road, London, W2 1EJ appears two times in the Land Registry records, with the latest transaction recorded on 20 May 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Apr 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.