According to the public record, 6A , Pakeman Street, London is a period leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 6, Pakeman Street, London, N7.
Pakeman Street, London, N7 is located in the borough of Islington within the N7 postal district.
6A , Pakeman Street, London has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated March 2019.
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 6A Pakeman Street London as £374,314 and the rental value as £1,870 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 6A Pakeman Street London has increased by £9,303 (2.5%) and its rental value has increased by £136 per month (7.3%).
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 6A , Pakeman Street, London is in very good condition we estimate a sale value of £393,030 and rental value of £1,963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,112 and a rental value of £1,739 per month.
If you were able to purchase this property for the estimated value of £374,314, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,840 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, 6A , Pakeman Street, London was last sold on 25 Mar 2022 for £401,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6A , Pakeman Street, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 3, 111, Axminster Road, London, N7 6BT, a Leasehold flat which sold for £350,000 in Feb 2023.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 300 metres radius of 6A , Pakeman Street, London over the last 2 years.
Most recently 17C, Thane Villas, London, N7 7PH, a Freehold house let by Fine Living in May 2022.
Pakeman Street, London, N7 has a total of 27 addresses. According to our analysis of all the public data, 6A , Pakeman Street, London is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in N7.
6A , Pakeman Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 6A , Pakeman Street, London is Arsenal station which is 600 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 6A , Pakeman Street, London, 65.6% of property is privately rented and 13.6% 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 6A , Pakeman Street, London, 16.4% of residents are recorded as possessing school level qualifications and 57.3% 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 6A , Pakeman Street, London, the average age was 35 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 6A , Pakeman Street, London, 1.0% 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 6A , Pakeman Street, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.