According to the public record, 14B , Offord Road, London is a period leasehold apartment and with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 14, Offord Road, London, N1.
Offord Road, London, N1 is located in the borough of Islington within the N1 postal district.
14B , Offord Road, London has 41 entries in the Land Registry database, most recently in May 2022 and 2 entries in the EPC database, most recently in May 2020.
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 14B Offord Road London as £506,971 and the rental value as £1,995 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 14B Offord Road London has increased by £3,180 (0.6%) and its rental value has increased by £134 per month (6.7%).
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 14B , Offord Road, London is in very good condition we estimate a sale value of £532,320 and rental value of £2,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,483 and a rental value of £1,855 per month.
If you were able to purchase this property for the estimated value of £506,971, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,492 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, 14B , Offord Road, London was last sold on 31 May 2022 for £440,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2022, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14B , Offord Road, London within a radius of 250m over the last 2 years.
The most recent example is 53B , Thornhill Square, London, N1 1BE, a Leasehold flat which sold for £530,000 in Jun 2023.
Read more about house prices in N1.
Offord Road, London, N1 has a total of 497 addresses. According to our analysis of all the public data, 14B , Offord Road, London is the 389th largest and the 359th most expensive property on the street.
When compared to the postcode district it is £229k less expensive than the average property in N1.
14B , Offord Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 14B , Offord Road, London is Caledonian Road & Barnsbury 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 14B , Offord Road, London, 34.6% of property is privately rented and 23.9% 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 14B , Offord Road, London, 10.1% of residents are recorded as possessing school level qualifications and 75.7% 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 14B , Offord Road, London, the average age was 37.7 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 14B , Offord Road, London, 2.6% 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 14B , Offord 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.