According to the public record, Apartment 3, Residences 5, London is a modern leasehold apartment with 1,248 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Residences, Queen Square, London, WC1.
Queen Square, London, WC1 is located in the borough of Camden within the WC1 postal district.
Apartment 3, Residences 5, London has 2 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated September 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 Apartment 3 Residences 5 London as £1,893,535 and the rental value as £6,376 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Apartment 3 Residences 5 London has decreased by £3,289 (0.2%) and its rental value has increased by £277 per month (4.3%).
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 Apartment 3, Residences 5, London is in very good condition we estimate a sale value of £1,988,212 and rental value of £6,695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,760,988 and a rental value of £5,930 per month.
If you were able to purchase this property for the estimated value of £1,893,535, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,306 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, Apartment 3, Residences 5, London was last sold on 06 Sep 2016 for £2,350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2016, the market for similar properties has dropped 11.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Apartment 3, Residences 5, London within a radius of 270 metres over the last 2 years.
The most recent example is Apartment 5, Residences 5, Queen Square, London, WC1N 3AR, a Leasehold flat which sold for £1,200,000 in Aug 2010.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queen Square, London, WC1 has a total of 75 addresses. According to our analysis of all the public data, Apartment 3, Residences 5, London is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £1.18m more expensive than the average property in WC1.
Apartment 3, Residences 5, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Apartment 3, Residences 5, London is Russell Square 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 Apartment 3, Residences 5, London, 60.8% of property is privately rented and 16.7% is privately owned outright.
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 Apartment 3, Residences 5, London, 27.4% of residents are recorded as possessing school level qualifications and 66.5% 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 Apartment 3, Residences 5, London, the average age was 38.2 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 Apartment 3, Residences 5, London, 3.0% 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 Apartment 3, Residences 5, 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.