Flat 6, 498 Edgware Road, London, W2 1EJ is a leasehold flat built between 1991-1995. The property offers approximately 452 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 £286,061 , which equates to approximately £633 per square foot. It was last sold on 5 Dec 2023 for £340,000. Since then, the value has decreased by £53,939, representing a 15.9% decrease, or approximately 7.9% per year.

The current estimated value of £286,061 is:

  • 58.4% lower than the average property price on Edgware Road
  • 21.9% lower than the average in the W2 1EJ postcode area
  • and 67.3% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 26 May 2023, the property was recorded as rented.

View sold house prices in W2 1EJ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£286,061
Price Per sq ft (estimate)
£633
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, 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 26 May 2023.

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 10 Jan 2022, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 12.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to W2 1EJ

21 st / 33
Price Rank
22% lower than average
9 th / 19
Size Rank
16% bigger than average
18 th / 19
Price Per Sq FT Rank
32% lower than average

Compared to other properties in W2 1EJ , this flat's estimated value ranks 21th out of 33. Based on price per square foot, it ranks 18th out of 19 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 9th out of 19 properties in its postcode area.

Sale History

Today
£286,061
streetscan.co.uk estimate
-16 %
5 Dec 2023
£340,000
Leasehold
+119.4 %
11 Jan 2010
£155,000
Leasehold
+17 %
28 Jul 2006
£132,500
Leasehold
+130.4 %
4 Dec 1998
£57,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 388 sq ft
sale price: £365,000
sale date: 3 Apr 2023
rooms: 2
size: 409 sq ft
sale price: £315,000
sale date: 31 Mar 2021
rooms: 2
size: 452 sq ft
sale price: £430,000
sale date: 31 Mar 2016
rooms: 3
size: 484 sq ft
sale price: £390,000
sale date: 24 Sep 2015
rooms: 2
size: 431 sq ft
sale price: £225,000
sale date: 2 Jun 2006

Data Sources

The property at Flat 6, 498 Edgware Road, London, W2 1EJ appears four times in the Land Registry records, with the latest transaction recorded on 5 Dec 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 May 2023. 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.