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£434,000 below fair value

W2 1BH

Hermitage Street, London, W2 1BH

3 Beds
3 Baths
141 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £1,750,000
Price per m² £13,475 / m²

Set within a prestigious waterside development in one of Zone 1’s most well-connected neighbourhoods, this beautifully proportioned apartment offers exceptional lateral living in the heart of W2.

The heart of the home is an impressively spacious open-plan living area, combining reception, kitchen, dining and sitting spaces. Sliding doors lead onto a private south-west facing terrace enjoying views towards the canal.

Extending to approximately 1518 sqft /141 sqm, the accommodation comprises two generous bedroom suites, a third equally generous bedroom, and a stylish guest bathroom. The apartment further benefits from excellent storage, a dedicated utility area, comfort cooling, and a secure underground parking space.

Residents of Paddington Exchange enjoy access to a residents’ lounge, 24-hour concierge, residents’ lifts, and landscaped communal gardens.

Nestled within the vibrant Paddington Basin, the property is moments from the waterside charm of the Grand Union Canal, alongside an array boutique shops, cafés and restaurants. The open green spaces of Hyde Park and Kensington Gardens are also within easy reach.

Perfectly positioned for access to Brunel’s Grade I listed Paddington Station, the apartment benefits from excellent transport links including the Elizabeth Line, Heathrow Express, and multiple Underground lines, as well as superb pedestrian, bus and cycle connections.

FOR ENQUIRIES QUOTE REF: GT-1405

How the asking price has moved

May 2026
£1,900,000
Listed at original asking price
Jul 2026
£1,750,000
Current asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
Flat 17, 12, 12 HERMITAGE STREET, W2 1BH £1,085,000 Jul 2024 Flat
Flat 10, 12, 12 HERMITAGE STREET, W2 1BH £1,050,000 Mar 2024 Flat
Flat 47, 12, 12 HERMITAGE STREET, W2 1BH £1,770,000 Oct 2023 Flat
Flat 41, 12, 12 HERMITAGE STREET, W2 1BH £1,400,000 Feb 2023 Flat
Flat 13, 12, 12 HERMITAGE STREET, W2 1BH £800,000 May 2022 Flat
Flat 4, 12, 12 HERMITAGE STREET, W2 1BH £1,185,750 Mar 2018 Flat
Flat 26, 12, 12 HERMITAGE STREET, W2 1BH £850,000 Feb 2018 Flat
Flat 19, 12, 12 HERMITAGE STREET, W2 1BH £860,000 Feb 2018 Flat
Source: HM Land Registry · W2 1BH · Sorted by date

Hermitage Street, London, W2 1BH

Our fair price estimate
£2,184,000
Nearby sold prices per m² × UK HPI × 141 m² floor area (EPC-declared)
Asking price £1,750,000
Fair price £2,184,000
Difference ↓ £434,000 under
Price per m² £13,475 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 141 m². Updated daily.