Apartment 507 3 Merchant Square

    APARTMENT 507 3, MERCHANT SQUARE, LONDON, W2 1AZ

    This flat/maisonette leasehold property on Merchant Square last sold in September 2014 for £572,500. Based on price growth in the W2 district since then, its estimated current value is £588,773 — placing it in the 85th percentile nationally and the 23rd percentile within W2. The property covers 44 m² (474 sq ft), giving an estimated value of £13,381 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £572,500

    Sept 2014

    Estimated Valuation

    £588,773

    Est. £/sq ft

    £1,243/sq ft

    £13,381/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms2
    Main fuelmains gas (community)
    EPC currentB
    EPC potentialB
    Floor area474 sq ft (44 m²)
    EPC dateJan 2025
    WallsSystem built, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    15 Sept 2014

    New build

    £572,500

    Key Metrics

    Estimated valuation£588,773
    Value per sq ft / m²£1,243/sq ft (£13,381/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    W2 district percentile23rd percentile
    National percentile85th percentile

    District Context — W2

    W2 covers central London neighbourhoods including Paddington, Bayswater, and Queensway, positioned in the heart of the capital's West End. It is a highly affluent, densely populated urban area characterized by substantial Victorian and Edwardian properties, international residents, and premium amenities.

    Average Property Price - W2

    £1,447,375

    99

    National percentile

    Average Net Household Income - W2

    £54,525

    94

    National percentile

    10-Year Annualised Price Growth - W2

    1.7%

    6

    National percentile

    10-Year Annualised Rent Growth - W

    2.8%

    2

    National percentile

    View full analysis for W2

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