As updated by Fine Living in Jul 2024, Flat 1, 8-11, Wilmington Square, London is a period 84 year lease apartment with 843 ft2 of internal area comprising 3 bedrooms with a balcony.
There are 84 years remaining on the lease.
The apartment is in 8-11, Wilmington Square, London, WC1.
Wilmington Square, London, WC1 is located in the borough of Islington within the WC1 postal district.
Based on both the data supplied by Fine Living and the public information available in the area, we estimate the current sale value for Flat 1 8-11 Wilmington Square London as £888,024 and the rental value as £3,806 per month giving an expected gross yield of 5.1%.
Fine Living described the decorative condition as fair in Jul 2024.
Over the last 12 months the sale value of Flat 1 8-11 Wilmington Square London has decreased by £19,304 (2.2%) and its rental value has increased by £88 per month (2.3%).
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 Flat 1, 8-11, Wilmington Square, London is in very good condition we estimate a sale value of £932,425 and rental value of £3,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £825,862 and a rental value of £3,539 per month.
If you were able to purchase this property for the estimated value of £888,024, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,364 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, Flat 1, 8-11, Wilmington Square, London was last sold on 31 May 2011 for £650,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 26.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 8-11, Wilmington Square, London within a radius of 280 metres over the last 2 years.
The most recent example is 25, St. Pauls View Apartments 15, Amwell Street, London, EC1R 1UP, a Leasehold flat which sold for £850,000 in Jun 2024.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmington Square, London, WC1 has a total of 98 addresses. According to our analysis of all the public data, Flat 1, 8-11, Wilmington Square, London is the 43rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in WC1.
Flat 1, 8-11, Wilmington Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2024.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 8-11, Wilmington Square, London is Farringdon station which is 700 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 Flat 1, 8-11, Wilmington Square, London, 52.8% of property is socially rented and 19.2% 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 Flat 1, 8-11, Wilmington Square, London, 16.9% of residents are recorded as possessing school level qualifications and 44.6% 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 Flat 1, 8-11, Wilmington Square, London, the average age was 34.7 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 Flat 1, 8-11, Wilmington Square, London, 2.4% 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 Flat 1, 8-11, Wilmington Square, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.