According to the public record, 38, Clare Lane, London is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Clare Lane, London, N1 is located in the borough of Islington within the N1 postal district.
38, Clare Lane, London has 21 entries in the Land Registry database, most recently in February 2007 and a single entry in the EPC database dated July 2024.
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 38 Clare Lane London as £576,767 and the rental value as £2,464 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 38 Clare Lane London has decreased by £1,130 (0.2%) and its rental value has increased by £174 per month (7.1%).
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 38, Clare Lane, London is in very good condition we estimate a sale value of £605,606 and rental value of £2,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £536,394 and a rental value of £2,291 per month.
If you were able to purchase this property for the estimated value of £576,767, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,835 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, 38, Clare Lane, London was last sold on 15 Feb 2007 for £277,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 69.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Clare Lane, London within a radius of 270 metres over the last 2 years.
The most recent example is 19, Ecclesbourne Apartments 64, Ecclesbourne Road, London, N1 3GG, a Leasehold flat which sold for £470,000 in Aug 2022.
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 1 let of a property similar to 38, Clare Lane, London within a radius of 270 metres over the last 2 years.
Most recently 21, Clare Lane, London, N1 3DB, a Leasehold flat let by Fine Living in Sep 2022.
Clare Lane, London, N1 has a total of 39 addresses. According to our analysis of all the public data, 38, Clare Lane, London is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in N1.
38, Clare Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2024.
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 38, Clare Lane, London is Essex Road station which is 300 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 38, Clare Lane, London, 41.6% of property is privately rented and 40.3% 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 38, Clare Lane, London, 13.8% of residents are recorded as possessing school level qualifications and 66.2% 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 38, Clare Lane, London, the average age was 36 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 38, Clare Lane, London, 0.9% 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 38, Clare Lane, 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.