According to the public record, 46, Lexington Apartments 40, London is a modern leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Lexington Apartments, City Road, London, EC1.
City Road, London, EC1 is located in the borough of Islington within the EC1 postal district.
46, Lexington Apartments 40, London has 41 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated May 2019.
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 46 Lexington Apartments 40 London as £864,826 and the rental value as £4,082 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 46 Lexington Apartments 40 London has decreased by £9,190 (1.1%) and its rental value has increased by £185 per month (4.5%).
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 46, Lexington Apartments 40, London is in very good condition we estimate a sale value of £908,068 and rental value of £4,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £804,288 and a rental value of £3,797 per month.
If you were able to purchase this property for the estimated value of £864,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,250 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, 46, Lexington Apartments 40, London was last sold on 20 Apr 2018 for £1,160,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2018, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Lexington Apartments 40, London within a radius of 310 metres over the last 2 years.
The most recent example is 74, Lexington Apartments 40, City Road, London, EC1Y 2AN, a Leasehold flat which sold for £810,000 in Jul 2023.
Read more about house prices in EC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
City Road, London, EC1 has a total of 1886 addresses. According to our analysis of all the public data, 46, Lexington Apartments 40, London is the 347th largest and the 502nd most expensive property on the street.
When compared to the postcode district it is £201k more expensive than the average property in EC1.
46, Lexington Apartments 40, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 46, Lexington Apartments 40, London is Old Street station which is 200 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 46, Lexington Apartments 40, London, 56.4% of property is privately rented and 16.0% 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 46, Lexington Apartments 40, London, 5.9% of residents are recorded as possessing school level qualifications and 77.9% 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 46, Lexington Apartments 40, London, the average age was 34.5 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 46, Lexington Apartments 40, London, 2.6% 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 46, Lexington Apartments 40, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.