According to the public record, Basement Flat, 28, Prebend Street, London is a modern leasehold apartment and with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 28, Prebend Street, London, N1.
Prebend Street, London, N1 is located in the borough of Islington within the N1 postal district.
Basement Flat, 28, Prebend Street, London has 21 entries in the Land Registry database, most recently in December 2015 and 2 entries in the EPC database, most recently in November 2015.
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 Basement Flat 28 Prebend Street London as £417,302 and the rental value as £1,610 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Basement Flat 28 Prebend Street London has increased by £266 (0.1%) and its rental value has increased by £119 per month (7.4%).
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 Basement Flat, 28, Prebend Street, London is in very good condition we estimate a sale value of £438,167 and rental value of £1,690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,091 and a rental value of £1,497 per month.
If you were able to purchase this property for the estimated value of £417,302, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,051 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, Basement Flat, 28, Prebend Street, London was last sold on 08 Dec 2015 for £500,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 28, Prebend Street, London within a radius of 236m over the last 2 years.
The most recent example is Flat B, 150, Packington Street, London, N1 8RA, a Leasehold flat which sold for £445,000 in Jul 2024.
Read more about house prices in N1.
Our network of Estate Agents report 3 lets within a 169m radius of Basement Flat, 28, Prebend Street, London over the last 2 years.
Most recently Flat 5, 14-22, Coleman Fields, London, N1 7AD, a Leasehold flat let by Fine Living for an undisclosed amount in Apr 2022.
Prebend Street, London, N1 has a total of 203 addresses. According to our analysis of all the public data, Basement Flat, 28, Prebend Street, London is the 201st largest and the 174th most expensive property on the street.
When compared to the postcode district it is £319k less expensive than the average property in N1.
Basement Flat, 28, Prebend Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2015.
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 Basement Flat, 28, Prebend Street, London is Essex Road 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 Basement Flat, 28, Prebend Street, London, 54.3% of property is privately rented and 23.8% 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 Basement Flat, 28, Prebend Street, London, 18.1% of residents are recorded as possessing school level qualifications and 67.6% 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 Basement Flat, 28, Prebend Street, London, the average age was 36 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 Basement Flat, 28, Prebend 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 Basement Flat, 28, Prebend 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.