According to the public record, 48C, Millman Street, London is a mid-century leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 48, Millman Street, London, WC1.
Millman Street, London, WC1 is located in the borough of Camden within the WC1 postal district.
48C, Millman Street, London has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated December 2018.
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 48C Millman Street London as £568,095 and the rental value as £2,762 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 48C Millman Street London has decreased by £7,477 (1.3%) and its rental value has increased by £80 per month (2.9%).
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 48C, Millman Street, London is in very good condition we estimate a sale value of £596,500 and rental value of £2,900 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £528,329 and a rental value of £2,569 per month.
If you were able to purchase this property for the estimated value of £568,095, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,792 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, 48C, Millman Street, London was last sold on 12 Aug 2019 for £620,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 48C, Millman Street, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 26, Chancellors Court, Orde Hall Street, London, WC1N 3JP, a Leasehold flat which sold for £590,000 in Jul 2023.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millman Street, London, WC1 has a total of 158 addresses. According to our analysis of all the public data, 48C, Millman Street, London is the 20th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in WC1.
48C, Millman Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 48C, Millman Street, London is Russell Square station which is 500 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 48C, Millman Street, London, 65.3% of property is socially rented and 16.0% is privately 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 48C, Millman Street, London, 24.1% of residents are recorded as possessing school level qualifications and 45.8% 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 48C, Millman Street, London, the average age was 37.5 and the most common age was 22.
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 48C, Millman Street, 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 48C, Millman 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.