According to the public record, 179A, Downham Road, London is a period leasehold apartment and with 1,313 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 179, Downham Road, London, N1.
Downham Road, London, N1 is located in the borough of Islington within the N1 postal district.
179A, Downham Road, London has 4 entries in the Land Registry database, most recently in August 2022 and 2 entries in the EPC database, most recently in February 2022.
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 179A Downham Road London as £1,038,839 and the rental value as £4,443 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 179A Downham Road London has decreased by £2,461 (0.2%) and its rental value has increased by £307 per month (6.9%).
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 179A, Downham Road, London is in very good condition we estimate a sale value of £1,090,781 and rental value of £4,666 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £966,120 and a rental value of £4,132 per month.
If you were able to purchase this property for the estimated value of £1,038,839, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,106 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, 179A, Downham Road, London was last sold on 19 Aug 2022 for £1,335,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 179A, Downham Road, London within a radius of 204m over the last 2 years.
The most recent example is 45A, Almorah Road, London, N1 3ER, a Leasehold flat which sold for £1,150,000 in Apr 2024.
Read more about house prices in N1.
Downham Road, London, N1 has a total of 266 addresses. According to our analysis of all the public data, 179A, Downham Road, London is the 29th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £302k more expensive than the average property in N1.
179A, Downham Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2022.
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 179A, Downham Road, London is Essex Road station which is 600 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 179A, Downham Road, London, 42.2% of property is socially rented and 29.7% 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 179A, Downham Road, London, 14.1% of residents are recorded as possessing school level qualifications and 58.6% 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 179A, Downham 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 179A, Downham Road, London, 5.2% 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 179A, Downham 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.