According to the public record, 8, Faraday Close, London is a mid-century house with 957 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Faraday Close, London, N7 is located in the borough of Islington within the N7 postal district.
8, Faraday Close, London has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
We combine this information with public data 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 8 Faraday Close London as £778,192 and the rental value as £3,777 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Faraday Close London has increased by £15,442 (2.0%) and its rental value has increased by £292 per month (7.7%).
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 8, Faraday Close, London is in very good condition we estimate a sale value of £817,101 and rental value of £3,966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £723,718 and a rental value of £3,513 per month.
If you were able to purchase this property for the estimated value of £778,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,825 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Faraday Close, London within a radius of 290 metres over the last 2 years.
The most recent example is 59, Cornelia Street, London, N7 8BA, a Freehold house which sold for £961,000 in May 2024.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faraday Close, London, N7 has a total of 11 addresses. According to our analysis of all the public data, 8, Faraday Close, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in N7.
8, Faraday Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2014.
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 8, Faraday Close, London is Caledonian Road & Barnsbury 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 8, Faraday Close, London, 50.9% of property is socially rented and 19.4% 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 8, Faraday Close, London, 24.9% of residents are recorded as possessing school level qualifications and 44.6% 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 8, Faraday Close, 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 8, Faraday Close, London, 0.4% 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 8, Faraday Close, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.