According to the public record, Apartment 2, 28, Martin Lane, London is a modern leasehold apartment and with 973 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 28, Martin Lane, London, EC4.
Martin Lane, London, EC4 is located in the borough of City and County of the City of London within the EC4 postal district.
Apartment 2, 28, Martin Lane, London has 2 entries in the Land Registry database, most recently in March 2019 and no records in the EPC database.
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 Apartment 2 28 Martin Lane London as £924,423 and the rental value as £4,260 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Apartment 2 28 Martin Lane London has decreased by £1,578 (0.2%) and its rental value has increased by £204 per month (4.8%).
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 Apartment 2, 28, Martin Lane, London is in very good condition we estimate a sale value of £970,644 and rental value of £4,473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £859,713 and a rental value of £3,962 per month.
If you were able to purchase this property for the estimated value of £924,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,543 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, Apartment 2, 28, Martin Lane, London was last sold on 14 Mar 2019 for £800,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 28, Martin Lane, London within a radius of 644m over the last 2 years.
The most recent example is Flat 52, Old Theatre Court 123, Park Street, London, SE1 9ES, a Leasehold flat which sold for £873,000 in Dec 2022.
Read more about house prices in EC4.
Our network of Estate Agents report 1 let within a 530m radius of Apartment 2, 28, Martin Lane, London over the last 2 years.
Most recently Flat 62, Sugar Quay 1, Water Lane, London, EC3R 6AL, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in May 2023.
Martin Lane, London, EC4 has a total of 13 addresses. According to our analysis of all the public data, Apartment 2, 28, Martin Lane, London is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £261k more expensive than the average property in EC4.
Apartment 2, 28, Martin Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 2, 28, Martin Lane, London is Monument 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 Apartment 2, 28, Martin Lane, London, 84.2% of property is privately rented and 7.6% is privately owned outright.
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 Apartment 2, 28, Martin Lane, London, 19.4% of residents are recorded as possessing school level qualifications and 70.4% 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 Apartment 2, 28, Martin Lane, London, the average age was 40.7 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 Apartment 2, 28, Martin Lane, London, 1.5% 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 Apartment 2, 28, Martin Lane, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.