According to the public record, Flat 11, Great Russell Mansions 59-61, London is a period leasehold apartment with 889 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Great Russell Mansions, Great Russell Street, London, WC1.
Great Russell Street, London, WC1 is located in the borough of Camden within the WC1 postal district.
Flat 11, Great Russell Mansions 59-61, London has 2 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated March 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 Flat 11 Great Russell Mansions 59-61 London as £1,117,108 and the rental value as £4,024 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 11 Great Russell Mansions 59-61 London has increased by £19,242 (1.7%) and its rental value has increased by £280 per month (7.0%).
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 11, Great Russell Mansions 59-61, London is in very good condition we estimate a sale value of £1,172,963 and rental value of £4,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,038,911 and a rental value of £3,743 per month.
If you were able to purchase this property for the estimated value of £1,117,108, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,490 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 11, Great Russell Mansions 59-61, London was last sold on 07 Jan 2014 for £1,420,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2014, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Great Russell Mansions 59-61, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 1D, King Edward Mansions 8, Grape Street, London, WC2H 8DY, a Leasehold flat which sold for £915,000 in Jun 2024.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Russell Street, London, WC1 has a total of 142 addresses. According to our analysis of all the public data, Flat 11, Great Russell Mansions 59-61, London is the 93rd largest and the 96th most expensive property on the street.
When compared to the postcode district it is £404k more expensive than the average property in WC1.
Flat 11, Great Russell Mansions 59-61, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 11, Great Russell Mansions 59-61, London is Holborn station which is 400 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 11, Great Russell Mansions 59-61, London, 36.0% of property is socially rented and 29.0% 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 11, Great Russell Mansions 59-61, London, 62.1% of residents are recorded as possessing school level qualifications and 43.5% 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 Flat 11, Great Russell Mansions 59-61, 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 Flat 11, Great Russell Mansions 59-61, London, 2.6% 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 11, Great Russell Mansions 59-61, 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.