Flat 5, 71 Inverness Terrace, London, W2 3JT is a leasehold flat built before 1900. The property offers approximately 549 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £580,372 , which equates to approximately £1,057 per square foot. It was last sold on 12 Oct 2012 for £510,000. Since then, the value has increased by £70,372, representing a 13.8% increase, or approximately 1.0% per year.

The current estimated value of £580,372 is:

  • 43.5% lower than the average property price on Inverness Terrace
  • 61.2% lower than the average in the W2 3JT postcode area
  • and 30.5% lower than the average price for London as a whole

At the most recent EPC inspection on 21 September 2017, the property was recorded as owner-occupied.

View sold house prices in W2 3JT

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£580,372
Price Per sq ft (estimate)
£1,057
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 71 Inverness Terrace, London, City Of Westminster, Greater London Authority, W2 3JT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Sep 2017.

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 27 Jul 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to timber frame, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to W2 3JT

15 th / 26
Price Rank
61% lower than average
9 th / 16
Size Rank
52% smaller than average
5 th / 16
Price Per Sq FT Rank
19% lower than average

Compared to other properties in W2 3JT , this flat's estimated value ranks 15th out of 26. Based on price per square foot, it ranks 5th out of 16 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 16 properties in its postcode area.

Sale History

Today
£580,372
streetscan.co.uk estimate
+14 %
12 Oct 2012
£510,000
Leasehold
+112.5 %
4 Apr 2001
£240,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 69 Inverness Terrace, London, W2 3JT
rooms: 2
size: 515 sq ft
sale price: £525,000
sale date: 3 Jun 2013
Flat 1, 61 Inverness Terrace, London, W2 3JT
rooms: 2
size: 517 sq ft
sale price: £315,000
sale date: 23 Jul 2009
Flat 3, 61 Inverness Terrace, London, W2 3JT
rooms: 2
size: 608 sq ft
sale price: £74,000
sale date: 14 Aug 1995
49, Riven Court Inverness Terrace, London, W2 6JA
rooms: 2
size: 549 sq ft
sale price: £475,000
sale date: 30 Sep 2022
Flat 5, 58 Inverness Terrace, London, W2 3LB
rooms: 3
size: 603 sq ft
sale price: £940,000
sale date: 22 Mar 2022

Data Sources

The property at Flat 5, 71 Inverness Terrace, London, W2 3JT appears two times in the Land Registry records, with the latest transaction recorded on 12 Oct 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Sep 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.
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