According to the public record, 27, Paton Street, London is a modern leasehold apartment and with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Paton Street, London, EC1 is located in the borough of Islington within the EC1 postal district.
27, Paton Street, London has a single entry in the Land Registry database from July 2016 and no records in the EPC database.
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 27 Paton Street London as £763,494 and the rental value as £3,377 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 27 Paton Street London has decreased by £2,479 (0.3%) and its rental value has increased by £199 per month (5.9%).
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 27, Paton Street, London is in very good condition we estimate a sale value of £801,669 and rental value of £3,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £710,050 and a rental value of £3,140 per month.
If you were able to purchase this property for the estimated value of £763,494, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,752 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, 27, Paton Street, London was last sold on 28 Jul 2016 for £885,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has dropped 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Paton Street, London within a radius of 0m over the last 2 years.
The most recent example is 18, Paton Street, London, EC1V 3PW, a Leasehold flat which sold for £715,000 in Jan 2024.
Read more about house prices in EC1.
Paton Street, London, EC1 has a total of 53 addresses. According to our analysis of all the public data, 27, Paton Street, London is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in EC1.
27, Paton Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 27, Paton Street, London is Old Street station which is 500 m 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 27, Paton Street, London, 51.2% of property is socially rented and 24.2% is privately 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 27, Paton Street, London, 24.6% of residents are recorded as possessing school level qualifications and 53.5% 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 27, Paton Street, London, the average age was 34.5 and the most common age was 27.
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 27, Paton Street, London, 1.7% 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 27, Paton 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.