Apartment 12, Verge Apartments, 24 Dering Street, London, W1S 1BL is a leasehold flat built in 2012 onwards. The property offers approximately 1,550 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £3,270,556 , which equates to approximately £2,110 per square foot. It was last sold on 15 Jul 2022 for £3,900,000. Since then, the value has decreased by £629,444, representing a 16.1% decrease, or approximately 4.7% per year.

The current estimated value of £3,270,556 is:

  • 44.2% lower than the average property price on Dering Street
  • 53.4% lower than the average in the W1S 1BL postcode area
  • and 273.7% higher than the average price for London as a whole

At the most recent EPC inspection on 20 July 2022, the property was recorded as rented.

View sold house prices in W1S 1BL

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
1550 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£3,270,556
Price Per sq ft (estimate)
£2,110
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Apartment 12, Verge Apartments, 24 Dering Street, London, City Of Westminster, Greater London, W1S 1BL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Jul 2022.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Jul 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric ceiling to electric underfloor heating, changing energy efficiency from good to poor.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from average thermal transmittance 0.25 w/m?k to flat, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.25 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to W1S 1BL

4 th / 11
Price Rank
53% lower than average
4 th / 11
Size Rank
8% smaller than average
6 th / 11
Price Per Sq FT Rank
50% lower than average

Compared to other properties in W1S 1BL , this flat's estimated value ranks 4th out of 11. Based on price per square foot, it ranks 6th out of 11 properties. In terms of size, this home ranks 4th out of 11 properties in its postcode area.

Sale History

Today
£3,270,556
streetscan.co.uk estimate
-16 %
15 Jul 2022
£3,900,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 5, Verge Apartments, 24 Dering Street, London, W1S 1BL
rooms: 3
size: 1582 sq ft
sale price: £2,575,000
sale date: 14 Dec 2012

Data Sources

The property at Apartment 12, Verge Apartments, 24 Dering Street, London, City Of Westminster, Greater London, W1S 1BL appears once in the Land Registry records, with the transaction recorded on 15 Jul 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jul 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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