According to the public record, 8, Tavistock Place, London is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Tavistock Place, London, WC1 is located in the borough of Camden within the WC1 postal district.
8, Tavistock Place, London has 2 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated August 2012.
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 8 Tavistock Place London as £677,118 and the rental value as £3,364 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Tavistock Place London has decreased by £10,068 (1.5%) and its rental value has increased by £88 per month (2.6%).
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 8, Tavistock Place, London is in very good condition we estimate a sale value of £710,974 and rental value of £3,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £629,720 and a rental value of £3,128 per month.
If you were able to purchase this property for the estimated value of £677,118, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,328 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, 8, Tavistock Place, London was last sold on 08 Jan 2015 for £758,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2015, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Tavistock Place, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 35, Witley Court, Coram Street, London, WC1N 1HD, a Leasehold flat which sold for £780,000 in Nov 2023.
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 220 metres radius of 8, Tavistock Place, London over the last 2 years.
Most recently Flat 87, Russell Court, Woburn Place, London, WC1H 0LW, a Leasehold flat let by Fine Living in Aug 2022.
Tavistock Place, London, WC1 has a total of 237 addresses. According to our analysis of all the public data, 8, Tavistock Place, London is the 43rd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in WC1.
8, Tavistock Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 8, Tavistock Place, London is Russell Square station which is 300 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 8, Tavistock Place, London, 38.0% of property is privately rented and 35.2% 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 8, Tavistock Place, London, 27.1% of residents are recorded as possessing school level qualifications and 55.1% 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 8, Tavistock Place, London, the average age was 34.2 and the most common age was 22.
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 8, Tavistock Place, London, 3.4% 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 8, Tavistock Place, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.