Apartment 409 3 Merchant Square

    APARTMENT 409 3, MERCHANT SQUARE, LONDON, W2 1AZ

    This flat/maisonette leasehold property on Merchant Square last sold in June 2024 for £1,400,000. Based on price growth in the W2 district since then, its estimated current value is £1,176,510 — placing it in the 97th percentile nationally and the 65th percentile within W2. The property covers 85 m² (915 sq ft), giving an estimated value of £13,841 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £1,400,000

    Jun 2024

    Estimated Valuation

    £1,176,510

    Est. £/sq ft

    £1,286/sq ft

    £13,841/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (community)
    EPC currentB
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateAug 2024
    WallsSystem built, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    25 Jun 2024

    £1,400,000

    Key Metrics

    Estimated valuation£1,176,510
    Value per sq ft / m²£1,286/sq ft (£13,841/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    W2 district percentile65th percentile
    National percentile97th 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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