According to the public record, 12, Ridgmount Street, London is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ridgmount Street, London, WC1 is located in the borough of Camden within the WC1 postal district.
12, Ridgmount Street, London has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Ridgmount Street London as £319,649 and the rental value as £1,617 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 12 Ridgmount Street London has decreased by £4,812 (1.5%) and its rental value has increased by £47 per month (2.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Ridgmount Street, London is in very good condition we estimate a sale value of £335,632 and rental value of £1,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,274 and a rental value of £1,504 per month.
If you were able to purchase this property for the estimated value of £319,649, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,571 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 12, Ridgmount Street, London was last sold on 28 Jan 2022 for £310,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Ridgmount Street, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 2, 6, Tottenham Mews, London, W1T 4AB, a Leasehold flat which sold for £411,435 in Feb 2013.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 400 metres radius of 12, Ridgmount Street, London over the last 2 years.
Most recently 70, Chenies Mews, London, WC1E 6HU, a Freehold house let by Saint Andrews Bureau in Oct 2023.
Ridgmount Street, London, WC1 has a total of 37 addresses. According to our analysis of all the public data, 12, Ridgmount Street, London is the 25th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £394k less expensive than the average property in WC1.
12, Ridgmount Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Dec 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 12, Ridgmount Street, London is Goodge Street station which is 200 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Ridgmount Street, London, 68.1% of property is privately rented and 22.5% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Ridgmount Street, London, 34.6% of residents are recorded as possessing school level qualifications and 65.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Ridgmount Street, London, the average age was 32.9 and the most common age was 17.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Ridgmount Street, London, 2.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Ridgmount Street, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.