As updated by Fine Living in Apr 2022, 18, Albany Mews, London is a modern 96 year lease apartment with 410 ft2 of internal area comprising 1 bedroom .
There are 96 years remaining on the lease.
Albany Mews, London, N1 is located in the borough of Islington within the N1 postal district.
Based on both the data supplied by Fine Living and the public information available in the area, we estimate the current sale value for 18 Albany Mews London as £411,903 and the rental value as £2,114 per month giving an expected gross yield of 6.2%.
Fine Living described the decorative condition as fair in Apr 2022.
Over the last 12 months the sale value of 18 Albany Mews London has increased by £3,683 (0.9%) and its rental value has increased by £154 per month (7.3%).
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 18, Albany Mews, London is in very good condition we estimate a sale value of £432,498 and rental value of £2,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,070 and a rental value of £1,966 per month.
If you were able to purchase this property for the estimated value of £411,903, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,024 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 18, Albany Mews, London was last sold on 03 Nov 2022 for £375,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Albany Mews, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 16, Dovey Lodge , Bewdley Street, London, N1 1HG, a Leasehold flat which sold for £367,000 in Jan 2024.
Read more about house prices in N1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 250 metres radius of 18, Albany Mews, London over the last 2 years.
Most recently 14 Manson House, Drummond Way, London, N1 1NR, a Leasehold flat let by Your Home Managed in Jun 2023.
Albany Mews, London, N1 has a total of 18 addresses. According to our analysis of all the public data, 18, Albany Mews, London is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £324k less expensive than the average property in N1.
18, Albany Mews, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 18, Albany Mews, London is Caledonian Road & Barnsbury station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Albany Mews, London, 40.8% of property is privately rented and 22.3% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 18, Albany Mews, London, 13.6% of residents are recorded as possessing school level qualifications and 67.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Albany Mews, London, the average age was 37.7 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 18, Albany Mews, London, 2.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 18, Albany Mews, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.