According to the public record, 3, Cutlers Terrace, London is a period leasehold apartment and with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Cutlers Terrace, London, N1 is located in the borough of Islington within the N1 postal district.
3, Cutlers Terrace, London has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated January 2021.
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 3 Cutlers Terrace London as £538,674 and the rental value as £2,710 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 3 Cutlers Terrace London has increased by £5,295 (1.0%) and its rental value has increased by £165 per month (6.1%).
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 3, Cutlers Terrace, London is in very good condition we estimate a sale value of £565,608 and rental value of £2,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £500,967 and a rental value of £2,520 per month.
If you were able to purchase this property for the estimated value of £538,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,647 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, 3, Cutlers Terrace, London was last sold on 04 Nov 2015 for £501,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Cutlers Terrace, London within a radius of 97m over the last 2 years.
The most recent example is 1, Hawthorne Close, London, N1 4AW, a Leasehold flat which sold for £655,500 in Dec 2023.
Read more about house prices in N1.
Cutlers Terrace, London, N1 has a total of 3 addresses. According to our analysis of all the public data, 3, Cutlers Terrace, London is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in N1.
3, Cutlers Terrace, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jan 2021.
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 3, Cutlers Terrace, London is Dalston Junction station which is 400 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 3, Cutlers Terrace, London, 51.6% of property is socially rented and 35.7% 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 3, Cutlers Terrace, London, 19.1% of residents are recorded as possessing school level qualifications and 52.9% 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 3, Cutlers Terrace, London, the average age was 35 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 3, Cutlers Terrace, 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 3, Cutlers Terrace, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.