According to the public record, Flat 3, 19, Mecklenburgh Square, London is a period leasehold apartment with 1,334 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 19, Mecklenburgh Square, London, WC1.
Mecklenburgh Square, London, WC1 is located in the borough of Camden within the WC1 postal district.
Flat 3, 19, Mecklenburgh Square, London has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated January 2021.
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 3 19 Mecklenburgh Square London as £1,443,410 and the rental value as £5,402 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 3 19 Mecklenburgh Square London has decreased by £24,760 (1.7%) and its rental value has increased by £136 per month (2.5%).
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 3, 19, Mecklenburgh Square, London is in very good condition we estimate a sale value of £1,515,581 and rental value of £5,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,342,372 and a rental value of £5,024 per month.
If you were able to purchase this property for the estimated value of £1,443,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,094 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 3, 19, Mecklenburgh Square, London was last sold on 20 Dec 2017 for £1,600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has dropped 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 19, Mecklenburgh Square, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 34, Peterborough House 1, Jubilee Walk, London, WC1X 0BF, a Leasehold flat which sold for £1,580,000 in Jan 2024.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mecklenburgh Square, London, WC1 has a total of 102 addresses. According to our analysis of all the public data, Flat 3, 19, Mecklenburgh Square, London is the 22nd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £730k more expensive than the average property in WC1.
Flat 3, 19, Mecklenburgh Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2021.
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 3, 19, Mecklenburgh Square, London is Russell Square station which is 500 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 3, 19, Mecklenburgh Square, London, 47.5% of property is privately rented and 20.0% 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 Flat 3, 19, Mecklenburgh Square, London, 62.9% of residents are recorded as possessing school level qualifications and 79.9% 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 3, 19, Mecklenburgh Square, London, the average age was 34.2 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 3, 19, Mecklenburgh Square, 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 Flat 3, 19, Mecklenburgh Square, 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.