As updated by Saint Andrews Bureau in Feb 2017, Flat 1, 55-59, Saffron Hill, London is a mid-century leasehold apartment with 592 ft2 of internal area comprising 2 bedrooms .
There are 976 years remaining on the lease.
The apartment is in 55-59, Saffron Hill, London, EC1.
Saffron Hill, London, EC1 is located in the borough of Camden within the EC1 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Flat 1 55-59 Saffron Hill London as £582,104 and the rental value as £2,410 per month giving an expected gross yield of 5%.
Saint Andrews Bureau described the decorative condition as fair in Feb 2017.
Over the last 12 months the sale value of Flat 1 55-59 Saffron Hill London has decreased by £3,072 (0.5%) and its rental value has increased by £130 per month (5.4%).
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 Flat 1, 55-59, Saffron Hill, London is in very good condition we estimate a sale value of £611,210 and rental value of £2,531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,357 and a rental value of £2,242 per month.
If you were able to purchase this property for the estimated value of £582,104, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,861 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, Flat 1, 55-59, Saffron Hill, London was last sold on 04 Dec 2002 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to Saint Andrews Bureau , Flat 1, 55-59, Saffron Hill, London was let once since 2021 with the latest being in Feb 2017 for an undisclosed price.
Since Feb 2017, the market values of similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 55-59, Saffron Hill, London within a radius of 50m over the last 2 years.
The most recent example is Flat 2.2, Ziggurat Building 60-66, Saffron Hill, London, EC1N 8QX, a Leasehold flat which sold for £630,000 in Jun 2024.
Read more about house prices in EC1.
Our network of Estate Agents report 2 lets within a 278m radius of Flat 1, 55-59, Saffron Hill, London over the last 2 years.
Most recently Flat 111, City Pavilion 33, Britton Street, London, EC1M 5UG, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Aug 2024.
Saffron Hill, London, EC1 has a total of 190 addresses. According to our analysis of all the public data, Flat 1, 55-59, Saffron Hill, London is the 150th largest and the 159th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in EC1.
Flat 1, 55-59, Saffron Hill, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 1, 55-59, Saffron Hill, London is Farringdon station which is 200 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 Flat 1, 55-59, Saffron Hill, London, 47.3% of property is privately rented and 26.0% 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 Flat 1, 55-59, Saffron Hill, London, 15.1% of residents are recorded as possessing school level qualifications and 79.4% 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 Flat 1, 55-59, Saffron Hill, 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 Flat 1, 55-59, Saffron Hill, London, 2.8% 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 Flat 1, 55-59, Saffron Hill, 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.