According to the public record, 283, Sussex Way, London is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sussex Way, London, N19 is located in the borough of Islington within the N19 postal district.
283, Sussex Way, London has a single entry in the Land Registry database from November 2008 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 283 Sussex Way London as £393,199 and the rental value as £2,025 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 283 Sussex Way London has increased by £5,573 (1.4%) and its rental value has increased by £70 per month (3.5%).
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 283, Sussex Way, London is in very good condition we estimate a sale value of £412,859 and rental value of £2,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,675 and a rental value of £1,884 per month.
If you were able to purchase this property for the estimated value of £393,199, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,932 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, 283, Sussex Way, London was last sold on 11 Nov 2008 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2008, the market for similar properties has risen 80.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 283, Sussex Way, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 121, Blenheim Court, Marlborough Road, London, N19 4HU, a Leasehold flat which sold for £480,000 in Apr 2022.
Read more about house prices in N19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sussex Way, London, N19 has a total of 235 addresses. According to our analysis of all the public data, 283, Sussex Way, London is the 52nd largest and the 96th most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in N19.
283, Sussex Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 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 283, Sussex Way, London is Upper Holloway station which is 500 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 283, Sussex Way, London, 51.6% of property is socially rented and 17.8% is privately owned with a mortgage.
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 283, Sussex Way, London, 27.3% of residents are recorded as possessing school level qualifications and 44.2% 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 283, Sussex Way, London, the average age was 36.9 and the most common age was 27.
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 283, Sussex Way, London, 0.0% 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 283, Sussex Way, 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.