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London Zone 1 | Holborn - River through a Steep Valley

River through a Steep Valley - Holborn

 

Holborn - Region Background and Development

 

Holborn is located in the centre of London, adjacent to Covent Garden, and is a place that every visitor to London will visit. This area is also the place where many people dream of living. Since this area is in the city centre, it is extremely convenient in terms of living convenience. Whether it is a variety of restaurants, shops, shopping centres or tourist sites. In the Holborn area, everything can be reached by walking in minutes.

 

Holborn - Location and Traffic

 

Holborn is located in London zone1 and the postcode is WC1. It sites between Westminster and Camden , having a close distance to Soho, and Fitzrovia.

Due to the location in the city centre, Holborn has very convenient transportation, only two stops away from Oxford Circus Underground Station and one stop east of St. Paul’s station. The busy Central Line and Piccadilly Line are also intersected in Holborn. In 2018, the adjacent Farringdon Station will also open a new Elizabeth Line, which goes directly to London Heathrow Airport and Reading.

 

 

Holborn - Life and Recreation

Holborn is historically known for its law and is the seat of the Royal Courts of Justice. Two of the four law colleges in London are located in this area: Lincoln's Inn and Gray's Inn, where many lawyers have been trained. Therefore, the wigs and dresses used to be Holborn A common sight on the street.

Holborn has gathered many famous schools, such as London School of Economics and Political Science (LSE), University of the Arts London (UAL), and King's College London (KCL).

 

Charles Dickens once lived here, and his former home was converted into the Charles Dickens Museum, dedicated to the most iconic London writer of the Victorian era. In the late 1830s, Dickens lived and wrote here. The manuscripts, paintings and old furniture displayed here reflect the whole picture of Dickens' personal life and writing career from different angles.

The British Museum is also a major focus of Holborn, you must not miss it when you come to London! This is one of the largest and most famous museums in the world, and it is free to the public. Founded in 1753, the museum currently has more than 8 million collections, including Mummy of Katebet, Parthenon carvings, Book of the Dead, and more.

Here is a little anecdote to tell you that there was actually a British Museum station between Holborn Station and Tottenham Court Road station in the legend, but it was often passed on because it was too close to the basement where the museum kept mummies. Unbelievable phenomenon, so it was closed.

The life function in Holborn is very good, because it is located in the center of London, whether it is to go shopping on Oxford Street, to enjoy various delicacies in Covent Garden, or to go to China Town for aftertaste Hometown, living in Holborn is like owning any door of Doraemon, which can take you to the most popular areas in London.

Whether it's banks, hospitals, pharmacies, supermarkets, department stores, parks or movie theatres, this area covers everything. This area is the dream of most people. The prices of real estate projects here are not cheap; coupled with the fact that the area is more commercially oriented, there are not so many choices in the number of residential projects to choose from.

 

Holborn - Local Education

 

Many domestic parents hope to send their babies to the UK to learn better educational resources.

According to Ofsted, an authoritative office for standards in education in the UK, in the Holborn area there are:

 

Primary School

SchoolAgeCouncil
St George the Martyr CofE3-11John’s Mews
St Joseph’s RC3-11Macklin Street
 St Alban’s CofE3-11Baldwin’s Gardens 
 Christopher Hatton3-11 Laystall Street
 St Clement Danes CofE3-11 Drury Lane

 

Comprehensive school

SchoolAgeCouncil
Elizabeth Garrett Anderson11-16 Girls' schoolDonegal Street

 

Private School

 School Age Council
City of London10-18 Boys' schoolQueen Victoria Street
City of London School for Girls7-18 Girls' schoolBarbican

 

French international school

SchoolAgeCouncil
École Jeannine Manuel3-14

Bedford Square

 

Holborn - Property Market

 

After seeing the life in Holborn, let's take a look at the housing prices in Holborn!

The following data are shown by the data report of Zoopla, a well-known British real estate network: the average purchase price in the Holborn area, the monthly rental price, and the changes in house prices in recent years.

First of all, let's take a look at how this year's house prices compare with past house price changes.

Next, let's look at more detailed statistics about the average price of buying and renting a house:

 

Holborn - Council Tax

 

Many foreign investors tend to overlook a potential fee before investing in real estate, which is the unique British Council Tax Band. Whether you want to buy a house in the UK for self-occupation or investment, you need to pay a monthly fee The cost of using land to the local government is an unavoidable fixed expenditure, so remember to check the council tax band in the area before buying a house, so that you can correctly calculate your investment cost!

Council RateTax Pay
Brand A£ 520.19
Brand B£606.89
Brand C£693.58
Brand D£780.28
Brand E£953.67
Brand F£1,127.07
Brand G£1,300.47
Brand H£1,560.56


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Landlord Fees

Letting Only: - 12% (Inc VAT)

Management Only: 7.2% (Inc VAT)

Letting & Management: 19.2% (Inc VAT)

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Tenant Permitted Payments

Refundable Holding deposit: - Capped at 1 weeks rent

Security Deposit: Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent: The agreed monthly rent

Changes to tenancy Capped at £50 inc VAT

Early termination charge: Not exceeding the landlord’s financial losses

Late payment of rent: Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys: Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc: Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme: Membership details C0009130

Property Redress Scheme Membership details TPO N01995