Apartment 5, Verge Apartments, 24 Dering Street, London, W1S 1BL is a leasehold flat built between 2007-2011. The property offers approximately 1,582 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £3,032,427 , which equates to approximately £1,916 per square foot. It was last sold on 14 Dec 2012 for £2,575,000. Since then, the value has increased by £457,427, representing a 17.8% increase, or approximately 1.4% per year.

The current estimated value of £3,032,427 is:

  • 48.2% lower than the average property price on Dering Street
  • 56.8% lower than the average in the W1S 1BL postcode area
  • and 246.5% 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
2007-2011
Interior Size
1582 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£3,032,427
Price Per sq ft (estimate)
£1,916
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Apartment 5, Verge Apartments, 24 Dering Street, London, City Of Westminster, Greater London, W1S 1BL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Jul 2022.

This property is heated by an air source heat pump with warm air heating. Hot water is provided from off-peak electric immersion heater. The windows are fully triple glazed.

The previous EPC assessment was conducted on 24 Jul 2012. The rating of B is unchanged, though the energy efficiency score decreased by 4.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric ceiling to air source heat pump, warm air, electric, changing energy efficiency from good to average.
  • 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 poor.
  • The roof construction or insulation changed from average thermal transmittance 0.25 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.25 w/m?k to solid brick, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Air source heat pump, warm air, electric
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to W1S 1BL

5 th / 11
Price Rank
57% lower than average
3 rd / 11
Size Rank
6% smaller than average
10 th / 11
Price Per Sq FT Rank
54% lower than average

Compared to other properties in W1S 1BL , this flat's estimated value ranks 5th out of 11. Based on price per square foot, it ranks 10th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 11 properties in its postcode area.

Sale History

Today
£3,032,427
streetscan.co.uk estimate
+18 %
14 Dec 2012
£2,575,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 12, Verge Apartments, 24 Dering Street, London, W1S 1BL
rooms: 3
size: 1550 sq ft
sale price: £3,900,000
sale date: 15 Jul 2022

Data Sources

The property at Apartment 5, 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 14 Dec 2012. 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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