2 Spanish Place

    2, SPANISH PLACE, LONDON, W1U 3HF

    This terraced leasehold property on Spanish Place last sold in January 2024 for £4,251,000. Based on price growth in the W1U district since then, its estimated current value is £6,906,268 — placing it in the 99th percentile nationally and the 97th percentile within W1U. The property covers 165 m² (1,776 sq ft), giving an estimated value of £41,856 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,776 sq ft

    165 m²

    Last Sale Price

    £4,251,000

    Jan 2024

    Estimated Valuation

    £6,906,268

    Est. £/sq ft

    £3,889/sq ft

    £41,856/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (community)
    EPC currentD
    EPC potentialC
    Floor area1,776 sq ft (165 m²)
    EPC dateSept 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingCommunity scheme

    Transaction History

    31 Jan 2024

    £4,251,000

    Key Metrics

    Estimated valuation£6,906,268
    Value per sq ft / m²£3,889/sq ft (£41,856/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    W1U district percentile97th percentile
    National percentile99th percentile

    District Context — W1U

    W1U covers central London's Mayfair and surrounding areas in Westminster, positioned at the heart of London's West End. It is one of the UK's most prestigious and expensive residential postcodes, characterised by grand period properties, luxury apartments, and strong international appeal.

    Average Property Price - W1U

    £2,271,806

    100

    National percentile

    Average Net Household Income - W1U

    £73,341

    100

    National percentile

    10-Year Annualised Price Growth - W1U

    5.4%

    93

    National percentile

    10-Year Annualised Rent Growth - W1U

    2.8%

    2

    National percentile

    View full analysis for W1U

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