Flat 5, 8 Spring Street, London, W2 3RA is a leasehold flat built between 1900-1929. The property offers approximately 527 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £359,519 , which equates to approximately £682 per square foot. It was last sold on 9 Mar 2020 for £432,500. Since then, the value has decreased by £72,981, representing a 16.9% decrease, or approximately 2.9% per year.

The current estimated value of £359,519 is:

  • 34.9% lower than the average property price on Spring Street
  • 63.7% lower than the average in the W2 3RA postcode area
  • and 57.0% lower than the average price for London as a whole

At the most recent EPC inspection on 21 January 2020, the property was recorded as owner-occupied.

View sold house prices in W2 3RA

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£359,519
Price Per sq ft (estimate)
£682
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 8 Spring Street, London, City Of Westminster, Greater London Authority, W2 3RA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Jan 2020.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to W2 3RA

15 th / 18
Price Rank
64% lower than average
2 nd / 13
Size Rank
40% smaller than average
13 th / 13
Price Per Sq FT Rank
40% lower than average

Compared to other properties in W2 3RA , this flat's estimated value ranks 15th out of 18. Based on price per square foot, it ranks 13th out of 13 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 2nd out of 13 properties in its postcode area.

Sale History

Today
£359,519
streetscan.co.uk estimate
-17 %
9 Mar 2020
£432,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 463 sq ft
sale price: £475,000
sale date: 14 Mar 2012
rooms: 3
size: 484 sq ft
sale price: £415,000
sale date: 28 Nov 2011
rooms: 3
size: 574 sq ft
sale price: £415,000
sale date: 12 Aug 2011
rooms: 3
size: 592 sq ft
sale price: £417,500
sale date: 23 Dec 2010
rooms: 3
size: 570 sq ft
sale price: £265,000
sale date: 7 Sep 2005

Data Sources

The property at Flat 5, 8 Spring Street, London, City Of Westminster, Greater London Authority, W2 3RA appears once in the Land Registry records, with the transaction recorded on 9 Mar 2020. It also has a single Energy Performance Certificate (EPC) from 21 Jan 2020. 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.