2 Chester Place

    2, CHESTER PLACE, LONDON, NW1 4NB

    This detached leasehold property on Chester Place last sold in January 2024 for £7,500,000. Based on price growth in the NW1 district since then, its estimated current value is £6,072,251 — placing it in the 99th percentile nationally and the 99th percentile within NW1. The property covers 364 m² (3,918 sq ft), giving an estimated value of £16,682 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    3,918 sq ft

    364 m²

    Last Sale Price

    £7,500,000

    Jan 2024

    Estimated Valuation

    £6,072,251

    Est. £/sq ft

    £1,550/sq ft

    £16,682/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area3,918 sq ft (364 m²)
    EPC dateMay 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jan 2024

    £7,500,000

    8 Dec 2006

    £1,350,000

    15 Feb 2002

    £214,615

    9 Apr 1998

    £1,275,000

    Key Metrics

    Estimated valuation£6,072,251
    Value per sq ft / m²£1,550/sq ft (£16,682/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NW1 district percentile99th percentile
    National percentile99th percentile

    District Context — NW1

    NW1 covers central London neighbourhoods including King's Cross, St Pancras, Bloomsbury, and Regent's Park, sitting at the heart of the capital's West End. It is a densely populated, cosmopolitan area with strong cultural institutions, transport links, and appeal to young professionals and students.

    Average Property Price - NW1

    £926,788

    97

    National percentile

    Average Net Household Income - NW1

    £50,817

    90

    National percentile

    10-Year Annualised Price Growth - NW1

    -0.7%

    2

    National percentile

    10-Year Annualised Rent Growth - NW

    2.6%

    2

    National percentile

    View full analysis for NW1

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