According to the public record, Flat 2, 14, The Paragon, London is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 14, The Paragon, London, SE3.
The Paragon, London, SE3 is located in the borough of Greenwich within the SE3 postal district.
Flat 2, 14, The Paragon, London has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated February 2018.
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 2 14 The Paragon London as £579,795 and the rental value as £2,448 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 2 14 The Paragon London has increased by £8,606 (1.5%) and its rental value has increased by £174 per month (7.1%).
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 2, 14, The Paragon, London is in very good condition we estimate a sale value of £608,784 and rental value of £2,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £539,209 and a rental value of £2,276 per month.
If you were able to purchase this property for the estimated value of £579,795, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,850 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 2, 14, The Paragon, London was last sold on 03 Mar 2021 for £585,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 14, The Paragon, London within a radius of 600 metres over the last 2 years.
The most recent example is Flat 3, 11, The Paragon, London, SE3 0NZ, a Leasehold flat which sold for £525,000 in Apr 2022.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paragon, London, SE3 has a total of 82 addresses. According to our analysis of all the public data, Flat 2, 14, The Paragon, London is the 40th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in SE3.
Flat 2, 14, The Paragon, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Feb 2018.
The property is connected to mains gas and has single glazed windows. It is heated using room heaters.
The closest station to Flat 2, 14, The Paragon, London is Blackheath station which is 600 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 2, 14, The Paragon, London, 40.6% of property is privately rented and 24.5% is privately owned with a mortgage.
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 2, 14, The Paragon, London, 6.0% of residents are recorded as possessing school level qualifications and 77.0% 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 Flat 2, 14, The Paragon, London, the average age was 40.4 and the most common age was 32.
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 2, 14, The Paragon, London, 4.2% 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 2, 14, The Paragon, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.