According to the public record, 41B , Archway Road, London is a period leasehold apartment with 569 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 41, Archway Road, London, N19.
Archway Road, London, N19 is located in the borough of Islington within the N19 postal district.
41B , Archway Road, London has 21 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated November 2009.
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 41B Archway Road London as £354,472 and the rental value as £1,880 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 41B Archway Road London has increased by £4,464 (1.3%) and its rental value has increased by £62 per month (3.3%).
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 41B , Archway Road, London is in very good condition we estimate a sale value of £372,196 and rental value of £1,975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,659 and a rental value of £1,749 per month.
If you were able to purchase this property for the estimated value of £354,472, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,742 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, 41B , Archway Road, London was last sold on 02 Jul 2014 for £308,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2014, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41B , Archway Road, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 12, Fitzwarren House 12B , Hornsey Lane, London, N6 5LX, a Leasehold flat which sold for £332,000 in Dec 2021.
Read more about house prices in N19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Archway Road, London, N19 has a total of 115 addresses. According to our analysis of all the public data, 41B , Archway Road, London is the 75th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in N19.
41B , Archway Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2009.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 41B , Archway Road, London is Archway station which is 400 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 41B , Archway Road, London, 49.6% of property is privately rented and 28.5% is privately owned with a mortgage.
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 41B , Archway Road, London, 10.8% of residents are recorded as possessing school level qualifications and 60.9% 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 41B , Archway Road, London, the average age was 37.5 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 41B , Archway Road, London, 2.4% 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 41B , Archway 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.