According to the public record, Flat 10, Galileo Apartments 48, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Galileo Apartments, Featherstone Street, London, EC1.
Featherstone Street, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 10, Galileo Apartments 48, London has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated November 2020.
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 10 Galileo Apartments 48 London as £574,936 and the rental value as £2,125 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 10 Galileo Apartments 48 London has increased by £231 (0.0%) and its rental value has increased by £121 per month (5.7%).
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 Flat 10, Galileo Apartments 48, London is in very good condition we estimate a sale value of £603,683 and rental value of £2,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,691 and a rental value of £1,976 per month.
If you were able to purchase this property for the estimated value of £574,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,826 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 10, Galileo Apartments 48, London was last sold on 22 Jun 2015 for £590,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has dropped 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, Galileo Apartments 48, London within a radius of 260 metres over the last 2 years.
The most recent example is 81, Lexington Apartments 40, City Road, London, EC1Y 2AN, a Leasehold flat which sold for £610,000 in May 2024.
Read more about house prices in EC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Featherstone Street, London, EC1 has a total of 105 addresses. According to our analysis of all the public data, Flat 10, Galileo Apartments 48, London is the 95th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in EC1.
Flat 10, Galileo Apartments 48, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 10, Galileo Apartments 48, London is Old Street station which is 100 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 10, Galileo Apartments 48, London, 41.5% of property is privately rented and 24.4% 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 10, Galileo Apartments 48, London, 17.4% of residents are recorded as possessing school level qualifications and 61.5% 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 10, Galileo Apartments 48, London, the average age was 34.5 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 10, Galileo Apartments 48, London, 0.7% 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 10, Galileo Apartments 48, 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.