According to the public record, 13A, Wallace Road, London is a period leasehold apartment and with 620 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 13, Wallace Road, London, N1.
Wallace Road, London, N1 is located in the borough of Islington within the N1 postal district.
13A, Wallace Road, London has 41 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated May 2011.
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 13A Wallace Road London as £700,231 and the rental value as £2,985 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 13A Wallace Road London has increased by £4,647 (0.7%) and its rental value has increased by £193 per month (6.5%).
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 13A, Wallace Road, London is in very good condition we estimate a sale value of £735,243 and rental value of £3,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £651,215 and a rental value of £2,776 per month.
If you were able to purchase this property for the estimated value of £700,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,441 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, 13A, Wallace Road, London was last sold on 13 Jan 2020 for £640,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2020, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13A, Wallace Road, London within a radius of 131m over the last 2 years.
The most recent example is 57B , Canonbury Park North, London, N1 2JU, a Leasehold flat which sold for £630,000 in Oct 2023.
Read more about house prices in N1.
Our network of Estate Agents report 1 let within a 291m radius of 13A, Wallace Road, London over the last 2 years.
Most recently Flat 5, 14, Highbury New Park, London, N5 2DB, a flat let by Fine Living for an undisclosed amount in Jul 2023.
Wallace Road, London, N1 has a total of 80 addresses. According to our analysis of all the public data, 13A, Wallace Road, London is the 54th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in N1.
13A, Wallace Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2011.
The property is connected to mains gas and has single glazed windows. It is heated using elecric underfloor heating.
The closest station to 13A, Wallace Road, London is Canonbury station which is 100 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 13A, Wallace Road, London, 46.5% of property is privately rented and 23.3% 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 13A, Wallace Road, London, 10.8% of residents are recorded as possessing school level qualifications and 77.5% 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 13A, Wallace Road, London, the average age was 37 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 13A, Wallace Road, London, 1.2% 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 13A, Wallace Road, 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.