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London Zone 1 | Paddington - Witness Birth of the Royal

Witness Birth of the Royal - Paddington

 

Paddington - Region Background and Development

 

There is a place on the north west edge of central London made famous by a bear from a movie. This little bear, wearing a blue tweed jacket and a red hat, was taken in by the Brown family from Paddington Station and named Paddington, and the story officially started from there...

After the movie was released, Paddington and the Paddington area have been sought after and discussed by everyone. People began to pay attention to this place with a mysterious and warm colour endowed by the movie, and the real estate industry also heated up for a while. More and more families and international investors are coming.

Of course, this is not only due to the development of related industrial chains driven by the film industry and the stimulation of business opportunities, but more importantly, the region's excellent geographical location and good transportation hubs (connected to Heathrow Airport and the city centre) to a great extent It clearly demonstrates the hardware conditions for its value preservation and appreciation.

The most famous in Paddington is the Paddington Railway Station and the cute Paddington bear. In the past 1838, the first station was located in the Paddington area and served as the terminal station of the Great Western Railway. It is one of the very important transportation hubs in London. In addition, there are many famous attractions in the Paddington area, such as Hyde Park and Kensington Palace, so Paddington has always been popular with everyone. Whether it is tourism or investment, it is a place that many people pay attention to.

 

Paddington - Location and Traffic

 

Paddington belongs to Westminster in the centre of London, in London zone 1, and  its postcode is W2. It is west by Kensington, south to the Chelsea and east to Marylebone.

Paddington is located in the central London, so you don’t have to worry about traffic at all, because the train routes here can reach Bristol, Bath and South Wales. Of course, there are also London subway services here, mainly including several routes: Circular Line with Bakerloo Line, Hammersmith and City Line. These three subway lines can take you all over the corners of London.

 

There is another feature at Paddington station that cannot be found at other stations, that is, at this station, you can see many Paddington bears greeting you! If you have a chance to come here for a ride, don't forget to take a photo with him to commemorate this!

 

Paddington - Life and Recreation

 

At the Paddington area, besides the most famous Paddington Station, there is also a very well-known park - Hyde Park. I think everyone is familiar with this place. Every tourist who comes to London will come here for a walk, so that he has not been to the UK in vain!

In addition to this park, there is another leisure activity that cannot be missed, because this is a rare leisure project in London-GoBoat London, where you can take a small boat to tour the entire Paddington area, enjoy the scenery and have a picnic on the boat , this is a unique scenery in London, friends who come here should not miss it!

There is also a very meaningful place in Paddington, which is the Memorial Fountain of Diana, Princess of Wales. This memorial fountain was established by the Queen in 2004 to commemorate Princess Diana. It is a place where children play together and enjoy the water. This design is also to reflect the princess's love for children. It is a very meaningful attraction.

 

The most famous thing in Paddington is Paddington Bear. This is the childhood memory of many people, and many foreign tourists will come here to take a bear home! In addition to this little bear, Paddington also has the title of Little Venice in London. When you come to Paddington, you will not only feel the feeling of commercial high-rise buildings, but also have a casual atmosphere of travellers. Here you can let Work and life are combined, so this is the place where many people dream of living! Let's take a look at Paddington's living performance!

Located in Paddington, all aspects of life in this area are very convenient, whether it is major banks, supermarkets, parks, cinemas, etc., you can find it here. In addition, there is a well-known hospital here - St. Mary's Hospital, which is the hospital where many royal family members were born, including Prince William, Prince Harry and Princess Kate also gave birth here.

If you choose to live in Paddington, you don’t have to worry about the bad food here, because Paddington is known as a transportation hub, so you can easily reach all districts of London to enjoy delicious food from various countries.

 

 

Paddington - Local Education

 

There are many prestigious schools in and around Paddington, including private schools, primary schools and secondary schools.

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

 

Primary School

SchoolAgeCouncil
Hampden Gurney CofE3-11Nutford Place
Gateway3-11Capland Street

 

Comprehensive school

SchoolAgeCouncil
Westminster Academy11-18Harrow Road
Paddington Academy11-18Marylands Road
 St Marylebone CofE11-18 Girls' schoolMarylebone High Street 
 King Solomon Academy3-18  Penfold Street
 City of Westminster College 16+ 

 

Private School

 School Age Council
Connaught House4-11Connaught Square
Wetherby7-13 Boys' schoolBryanston Square
Pembridge Hall4-11 Girls' schoolPembridge Square
L’Ecole Bilingue Elementaire3-11St Mary’s Terrace
Francis Holland11-18Clarence Gate
The Sylvia Young Theatre School10-16Nutford Place (inc. Emma Bunton, Rita Ora and Keeley Hawes.)

 

Paddington - Property Market

 

Let's take a look at Zoopla's data of the average sales and rental prices in the Paddington area:

 

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

First let's take a look at how this year's house prices compare to last year's house price changes:


Then we take a look at more detailed statistics, about the average price of buying and renting in Paddington:

Paddington has a wide range of properties: whitewashed Victorian apartments; or the small cottages of railway workers on Praed Street; and post-World War II Hyde Park estates and modern family apartments in the canal valley. These buildings of different styles have been well integrated and developed he;re in Paddington.

 

 

Paddington - 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