According to the public record, Richmond Court 60, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,010 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Richmond Court, Melville Place, London, N1.
Melville Place, London, N1 is located in the borough of Islington within the N1 postal district.
Richmond Court 60, London has 31 entries in the Land Registry database, most recently in June 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Richmond Court 60 London as £632,691 and the rental value as £3,115 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Richmond Court 60 London has decreased by £7,781 (1.2%) and its rental value has increased by £187 per month (6.0%).
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 Richmond Court 60, London is in very good condition we estimate a sale value of £664,326 and rental value of £3,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £588,403 and a rental value of £2,897 per month.
If you were able to purchase this property for the estimated value of £632,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,109 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, Richmond Court 60, London was last sold on 24 Jun 2016 for £950,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2016, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Richmond Court 60, London within a radius of 140m over the last 2 years.
The most recent example is Flat 3, Base Apartments 2, Ecclesbourne Road, London, N1 3DG, a Leasehold flat which sold for £560,000 in Nov 2023.
Read more about house prices in N1.
Our network of Estate Agents report 1 let within a 252m radius of Richmond Court 60, London over the last 2 years.
Most recently 21, Clare Lane, London, N1 3DB, a Leasehold flat let by Fine Living for an undisclosed amount in Sep 2022.
Melville Place, London, N1 has a total of 67 addresses. According to our analysis of all the public data, Richmond Court 60, London is the 4th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in N1.
The closest station to Richmond Court 60, London is Essex Road 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 Richmond Court 60, London, 52.7% of property is privately rented and 28.0% 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 Richmond Court 60, London, 14.8% of residents are recorded as possessing school level qualifications and 68.9% 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 Richmond Court 60, 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 Richmond Court 60, London, 1.3% 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 Richmond Court 60, 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.