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1, Phoenix Place is described in the public record as a modern apartment with 1,894 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Phoenix Place is £1,486,438 and its rental estimate is £7,068 per month, given the available information and assuming reasonable condition.
Phoenix Place, London, WC1 falls within the WC1 postal district, in the borough of Camden.
1, Phoenix Place has no records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Phoenix Place, we estimate a market value of £1,560,760 and a rental value of £7,422 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,382,387 and £6,574 per month respectively.
Over the last year, 1, Phoenix Place has seen its estimated sale value drop by £14,614 (1.0%) and its estimated rental value rise by £351 per month (5.0%). This results in an estimated gross rental yield of 5.7%.
1, Phoenix Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Over the past 2 years 1 property similar to 1, Phoenix Place has sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th June 2015, was 16C , Calthorpe Street, London, WC1X 0JS, a leasehold flat which sold for £920,000.
Read more about house prices in WC1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 33 addresses on Phoenix Place, London, WC1, 1, Phoenix Place comes out as the largest and the 7th most expensive in our analysis of the public data.
It is also £755k more expensive than the average property across the WC1 district.
From 1, Phoenix Place, the nearest station is Chancery Lane, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Phoenix Place, 46.3% of property is socially rented and 28.7% 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 1, Phoenix Place, 16.3% of residents are recorded as possessing school level qualifications and 50.2% 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 1, Phoenix Place, the average age was 37.5 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 1, Phoenix Place, 0.0% 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 1, Phoenix Place, 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.