40c Formosa Street

    40C, FORMOSA STREET, LONDON, W9 2JP

    This flat/maisonette leasehold property on Formosa Street last sold in June 2021 for £500,000. Based on price growth in the W9 district since then, its estimated current value is £474,975 — placing it in the 76th percentile nationally and the 21st percentile within W9. The property covers 36 m² (388 sq ft), giving an estimated value of £13,194 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £500,000

    Jun 2021

    Estimated Valuation

    £474,975

    Est. £/sq ft

    £1,226/sq ft

    £13,194/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area388 sq ft (36 m²)
    EPC dateJun 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jun 2021

    £500,000

    23 Nov 2006

    £283,500

    30 Jul 2001

    £187,000

    10 Sept 1999

    £138,000

    Key Metrics

    Estimated valuation£474,975
    Value per sq ft / m²£1,226/sq ft (£13,194/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    W9 district percentile21st percentile
    National percentile76th percentile

    District Context — W9

    W9 covers the Maida Vale and Paddington areas of central London, positioned in the City of Westminster. It is an affluent, densely populated residential district with strong cultural and recreational amenities, popular with young professionals and established households alike.

    Average Property Price - W9

    £855,211

    96

    National percentile

    Average Net Household Income - W9

    £50,870

    90

    National percentile

    10-Year Annualised Price Growth - W9

    -0.1%

    2

    National percentile

    10-Year Annualised Rent Growth - W

    2.8%

    2

    National percentile

    View full analysis for W9

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