According to the public record, Flat 1, 56, Canning Road, London is a period leasehold apartment and with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 56, Canning Road, London, N5.
Canning Road, London, N5 is located in the borough of Islington within the N5 postal district.
Flat 1, 56, Canning Road, London has 2 entries in the Land Registry database, most recently in March 2019 and 2 entries in the EPC database, most recently in October 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 Flat 1 56 Canning Road London as £402,143 and the rental value as £1,684 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 56 Canning Road London has increased by £5,861 (1.5%) and its rental value has increased by £110 per month (6.5%).
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, 56, Canning Road, London is in very good condition we estimate a sale value of £422,250 and rental value of £1,769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,993 and a rental value of £1,567 per month.
If you were able to purchase this property for the estimated value of £402,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,976 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, 56, Canning Road, London was last sold on 21 Mar 2019 for £375,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 56, Canning Road, London within a radius of 246m over the last 2 years.
The most recent example is Flat B, 78, Wilberforce Road, London, N4 2SR, a Leasehold flat which sold for £406,500 in Aug 2023.
Read more about house prices in N5.
Canning Road, London, N5 has a total of 80 addresses. According to our analysis of all the public data, Flat 1, 56, Canning Road, London is the 80th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £415k less expensive than the average property in N5.
Flat 1, 56, Canning Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 1, 56, Canning Road, London is Arsenal station which is 600 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, 56, Canning Road, London, 31.0% of property is privately owned with a mortgage and 25.4% 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 Flat 1, 56, Canning Road, London, 18.2% of residents are recorded as possessing school level qualifications and 69.3% 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, 56, Canning Road, London, the average age was 35.3 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 Flat 1, 56, Canning Road, London, 1.2% 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, 56, Canning Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.