As updated by Fine Living in Sep 2021, 242A, Caledonian Road, London is a period leasehold apartment with 431 ft2 of internal area comprising 1 bedroom with a garden.
There are 95 years remaining on the lease.
The apartment is in 242, Caledonian Road, London, N1.
Caledonian Road, London, N1 is located in the borough of Islington within the N1 postal district.
Based on both the data supplied by Fine Living and the public information available in the area, we estimate the current sale value for 242A Caledonian Road London as £403,761 and the rental value as £1,850 per month giving an expected gross yield of 5.5%.
Fine Living described the decorative condition as fair in Sep 2021.
Over the last 12 months the sale value of 242A Caledonian Road London has increased by £2,528 (0.6%) and its rental value has increased by £127 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 242A, Caledonian Road, London is in very good condition we estimate a sale value of £423,949 and rental value of £1,943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,498 and a rental value of £1,721 per month.
If you were able to purchase this property for the estimated value of £403,761, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,984 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 Fine Living and HM Land Registry, 242A, Caledonian Road, London was last sold on 30 Sep 2021 for £385,000 and was recorded as a leasehold flat.
The selling agent was Fine Living. The property has only had this single sale since 1995.
According to Fine Living , 242A, Caledonian Road, London was let once since 2021 with the latest being in Nov 2020 for an undisclosed price.
Since Nov 2020, the market values of similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242A, Caledonian Road, London within a radius of 39m over the last 2 years.
The most recent example is 228A, Caledonian Road, London, N1 0NG, a Leasehold flat which sold for £400,000 in Sep 2022.
Read more about house prices in N1.
Caledonian Road, London, N1 has a total of 976 addresses. According to our analysis of all the public data, 242A, Caledonian Road, London is the 697th largest and the 602nd most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in N1.
242A, Caledonian Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2023.
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 242A, Caledonian Road, London is Caledonian Road & Barnsbury station which is 500 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 242A, Caledonian Road, London, 42.0% of property is socially rented and 31.1% 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 242A, Caledonian Road, London, 17.7% of residents are recorded as possessing school level qualifications and 57.8% 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 242A, Caledonian Road, London, the average age was 35.3 and the most common age was 22.
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 242A, Caledonian Road, London, 0.7% 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 242A, Caledonian Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.