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£250,000 below fair value

W2 1PB

3 Hermitage Street, London, W2

2 Beds
2 Baths
77 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £675,000
Price per m² £9,740 / m²

A second floor two bedroom apartment with balcony located in this popular modern block and forming part of Paddington Basin. The accommodation comprises entrance hallway, open-plan reception room with fitted kitchen and ample space for dining. Two bedrooms, two bathrooms and a south facing balcony.
The building benefits from a 24 hour porter, residents lifts and a landscaped west facing communal roof terrace. Private parking also included.

Situation

Munkenbeck Building forms part of the Paddington Basin development. Moments from a wealth of transport links including Paddington Station (Heathrow Express) and for motorists the A40 is easily accessible. Nearby central London attractions and popular shopping districts include Hyde Park, Oxford Street, Westbourne Grove and Marylebone High Street.

Property Ref Number:

HAM-53821

How the asking price has moved

May 2026
£750,000
Listed at original asking price
Jun 2026
£675,000
Current asking price

What similar homes actually sold for

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

Source: HM Land Registry · W2 1PB · Sorted by date

3 Hermitage Street, London, W2

Our fair price estimate
£925,000
Nearby sold prices per m² × UK HPI × 77 m² floor area (EPC-declared)
Asking price £675,000
Fair price £925,000
Difference ↓ £250,000 under
Price per m² £9,740 / 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 77 m². Updated daily.