According to the public record, 29, Wallace Road, London is a period leasehold apartment and with 973 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Wallace Road, London, N1 is located in the borough of Islington within the N1 postal district.
29, Wallace Road, London has 51 entries in the Land Registry database, most recently in June 2017 and 3 entries in the EPC database, most recently in July 2009.
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 29 Wallace Road London as £927,596 and the rental value as £4,090 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 29 Wallace Road London has increased by £14,554 (1.6%) and its rental value has increased by £304 per month (7.4%).
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 29, Wallace Road, London is in very good condition we estimate a sale value of £973,976 and rental value of £4,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £862,664 and a rental value of £3,804 per month.
If you were able to purchase this property for the estimated value of £927,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,559 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, 29, Wallace Road, London was last sold on 30 Jun 2017 for £970,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2017, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Wallace Road, London within a radius of 116m over the last 2 years.
The most recent example is Flat A, 55, Grosvenor Avenue, London, N5 2NN, a Leasehold flat which sold for £1,100,000 in May 2024.
Read more about house prices in N1.
Wallace Road, London, N1 has a total of 80 addresses. According to our analysis of all the public data, 29, Wallace Road, London is the 25th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in N1.
29, Wallace Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 29, Wallace Road, London is Canonbury station which is 0 m 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 29, Wallace Road, London, 32.0% of property is socially rented and 28.7% is privately 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 29, Wallace Road, London, 19.6% of residents are recorded as possessing school level qualifications and 65.0% 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 29, Wallace Road, London, the average age was 37 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 29, Wallace Road, 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 29, Wallace Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.