According to the public record, Flat 1, 87-89, Marchmont Street, London is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 87-89, Marchmont Street, London, WC1.
Marchmont Street, London, WC1 is located in the borough of Camden within the WC1 postal district.
Flat 1, 87-89, Marchmont Street, London has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated June 2013.
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 87-89 Marchmont Street London as £770,570 and the rental value as £2,863 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 1 87-89 Marchmont Street London has decreased by £12,633 (1.6%) and its rental value has increased by £72 per month (2.5%).
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, 87-89, Marchmont Street, London is in very good condition we estimate a sale value of £809,099 and rental value of £3,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £716,630 and a rental value of £2,662 per month.
If you were able to purchase this property for the estimated value of £770,570, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,787 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, 87-89, Marchmont Street, London was last sold on 23 Sep 2022 for £815,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 87-89, Marchmont Street, London within a radius of 130 metres over the last 2 years.
The most recent example is Flat 4, 48, Cartwright Gardens, London, WC1H 9EL, a Leasehold flat which sold for £840,000 in Jul 2017.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marchmont Street, London, WC1 has a total of 146 addresses. According to our analysis of all the public data, Flat 1, 87-89, Marchmont Street, London is the 41st largest and the 26th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in WC1.
Flat 1, 87-89, Marchmont Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2013.
The property is connected to mains gas and has some secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 87-89, Marchmont Street, London is Russell Square 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 Flat 1, 87-89, Marchmont Street, London, 53.7% of property is socially rented and 29.8% 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 Flat 1, 87-89, Marchmont Street, London, 17.5% of residents are recorded as possessing school level qualifications and 51.9% 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, 87-89, Marchmont Street, London, the average age was 34.2 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, 87-89, Marchmont Street, London, 0.9% 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, 87-89, Marchmont 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.