According to the public record, Flat 56, Paramount Court 38-39, London is a early-century leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Paramount Court, University Street, London, WC1.
University Street, London, WC1 is located in the borough of Camden within the WC1 postal district.
Flat 56, Paramount Court 38-39, London has 2 entries in the Land Registry database, most recently in June 2022 and 2 entries in the EPC database, most recently in 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 56 Paramount Court 38-39 London as £610,389 and the rental value as £2,930 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 56 Paramount Court 38-39 London has decreased by £13,372 (2.2%) and its rental value has increased by £65 per month (2.2%).
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 56, Paramount Court 38-39, London is in very good condition we estimate a sale value of £640,909 and rental value of £3,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £567,662 and a rental value of £2,725 per month.
If you were able to purchase this property for the estimated value of £610,389, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,000 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 56, Paramount Court 38-39, London was last sold on 09 Jun 2022 for £675,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 56, Paramount Court 38-39, London within a radius of 0m over the last 2 years.
The most recent example is Flat 4, Paramount Court 38-39, University Street, London, WC1E 6JP, a Leasehold flat which sold for £675,000 in Nov 2022.
Read more about house prices in WC1.
Our network of Estate Agents report 1 let within a 243m radius of Flat 56, Paramount Court 38-39, London over the last 2 years.
Most recently 70, Chenies Mews, London, WC1E 6HU, a Freehold house let by Saint Andrews Bureau for an undisclosed amount in Oct 2023.
University Street, London, WC1 has a total of 120 addresses. According to our analysis of all the public data, Flat 56, Paramount Court 38-39, London is the 37th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in WC1.
Flat 56, Paramount Court 38-39, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 56, Paramount Court 38-39, London is Warren Street station which is 200 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 Flat 56, Paramount Court 38-39, London, 52.0% of property is privately rented and 34.7% 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 56, Paramount Court 38-39, London, 31.1% of residents are recorded as possessing school level qualifications and 76.0% 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 56, Paramount Court 38-39, London, the average age was 32.9 and the most common age was 17.
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 56, Paramount Court 38-39, London, 4.6% 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 56, Paramount Court 38-39, 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.