According to the public record, 16C , Tower Terrace, London is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 16, Tower Terrace, London, N22.
Tower Terrace, London, N22 is located in the borough of Haringey within the N22 postal district.
16C , Tower Terrace, London has 21 entries in the Land Registry database, most recently in September 2012 and a single entry in the EPC database dated October 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 16C Tower Terrace London as £343,363 and the rental value as £1,678 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 16C Tower Terrace London has increased by £5,734 (1.7%) and its rental value has increased by £112 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 16C , Tower Terrace, London is in very good condition we estimate a sale value of £360,531 and rental value of £1,762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,328 and a rental value of £1,560 per month.
If you were able to purchase this property for the estimated value of £343,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,688 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, 16C , Tower Terrace, London was last sold on 19 Sep 2012 for £177,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2012, the market for similar properties has risen 66.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16C , Tower Terrace, London within a radius of 420 metres over the last 2 years.
The most recent example is 37, Leverton Close, London, N22 7BT, a Leasehold flat which sold for £311,000 in Oct 2023.
Read more about house prices in N22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Terrace, London, N22 has a total of 31 addresses. According to our analysis of all the public data, 16C , Tower Terrace, London is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in N22.
16C , Tower Terrace, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Oct 2019.
The property is connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to 16C , Tower Terrace, London is Wood Green station which is 300 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 16C , Tower Terrace, London, 63.1% of property is privately rented and 18.1% 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 16C , Tower Terrace, London, 17.4% of residents are recorded as possessing school level qualifications and 68.8% 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 16C , Tower Terrace, London, the average age was 37.2 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 16C , Tower Terrace, London, 1.6% 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 16C , Tower Terrace, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.