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According to the public record, Flat 45, Dispatch House 4 is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 45, Dispatch House 4 is £1,269,446 and the estimated rental value is £4,848 per month.
The apartment is within Dispatch House, Paragon Square, London, WC1.
Paragon Square, London, WC1 is located in the borough of Islington within the WC1 postal district.
Flat 45, Dispatch House 4 has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 45, Dispatch House 4 is in very good condition we estimate a sale value of £1,332,918 and a rental value of £5,091 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,180,584 and a rental value of £4,509 per month.
Over the last 12 months the sale value of Flat 45 Dispatch House 4 has decreased by an estimated £39,044 (3.1%) and its rental value has increased by an estimated £308 per month (6.3%), giving an expected gross yield of 4.6%.
Flat 45, Dispatch House 4 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 45, Dispatch House 4 was last sold on 12th January 2024 for £1,439,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has dropped 36.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 45, Dispatch House 4 within a radius of 280 metres over the last 2 years.
The most recent example is Flat 38, Dispatch House 4, Paragon Square, London, WC1X 0DN, a leasehold flat which sold for £1,406,800 on the 23rd February 2024.
Read more about house prices in WC1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paragon Square, London, WC1 has a total of 101 addresses. According to our analysis of all the public data, Flat 45, Dispatch House 4 is the 40th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £560k more expensive than the average property in WC1.
The nearest school is Christopher Hatton Primary School which is 352 metres away. The nearest train station is Russell Square which is 800 metres away.
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