According to the public record, Apartment 8, Paramount House 168, London is a period leasehold apartment and with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Paramount House, Wardour Street, London, W1.
Wardour Street, London, W1 is located in the borough of City of Westminster within the W1 postal district.
Apartment 8, Paramount House 168, London has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated May 2013.
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 8 Paramount House 168 London as £2,015,148 and the rental value as £5,513 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Apartment 8 Paramount House 168 London has increased by £22,662 (1.1%) and its rental value has increased by £426 per month (7.7%).
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 8, Paramount House 168, London is in very good condition we estimate a sale value of £2,115,905 and rental value of £5,788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,874,087 and a rental value of £5,127 per month.
If you were able to purchase this property for the estimated value of £2,015,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,904 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 8, Paramount House 168, London was last sold on 08 Jun 2023 for £2,100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8, Paramount House 168, London within a radius of 250m over the last 2 years.
The most recent example is Apartment 618, 37, Rathbone Place, London, W1T 1JZ, a Leasehold flat which sold for £2,150,000 in Feb 2024.
Read more about house prices in W1.
Wardour Street, London, W1 has a total of 166 addresses. According to our analysis of all the public data, Apartment 8, Paramount House 168, London is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in W1.
Apartment 8, Paramount House 168, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 8, Paramount House 168, London is Tottenham Court Road (Elizabeth line) station which is 300 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 Apartment 8, Paramount House 168, London, 66.9% of property is privately rented and 13.2% 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 8, Paramount House 168, London, 30.2% of residents are recorded as possessing school level qualifications and 69.0% 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 8, Paramount House 168, London, the average age was 37.9 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 8, Paramount House 168, 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 Apartment 8, Paramount House 168, 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.