According to the public record, Flat 15, Morgan Mansions, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 213 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in Morgan Mansions, Morgan Road, London, N7.
Morgan Road, London, N7 is located in the borough of Islington within the N7 postal district.
Flat 15, Morgan Mansions, London has a single entry in the Land Registry database from March 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 15 Morgan Mansions London as £240,985 and the rental value as £1,121 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 15 Morgan Mansions London has increased by £3,937 (1.6%) and its rental value has increased by £80 per month (7.1%).
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 15, Morgan Mansions, London is in very good condition we estimate a sale value of £253,035 and rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,116 and a rental value of £1,043 per month.
If you were able to purchase this property for the estimated value of £240,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,184 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 15, Morgan Mansions, London was last sold on 23 Mar 2015 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 280 metres radius of Flat 15, Morgan Mansions, London over the last 2 years.
The most recent example is Flat 31, Morgan Mansions, Morgan Road, London, N7 8NA, a Leasehold flat which sold for £680,000 in May 2016.
Read more about house prices in N7.
Our network of Estate Agents report 1 let within a 280 metres radius of Flat 15, Morgan Mansions, London over the last 2 years.
Most recently Flat 3, 15-19 , Benwell Road, London, N7 7BL, a Leasehold flat let by Fine Living in Jul 2020.
Morgan Road, London, N7 has a total of 99 addresses. According to our analysis of all the public data, Flat 15, Morgan Mansions, London is the 99th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £320k less expensive than the average property in N7.
The closest station to Flat 15, Morgan Mansions, London is Drayton Park 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 Flat 15, Morgan Mansions, London, 52.6% of property is socially rented and 19.7% 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 15, Morgan Mansions, London, 25.5% of residents are recorded as possessing school level qualifications and 48.3% 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 15, Morgan Mansions, London, the average age was 36.6 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 15, Morgan Mansions, London, 0.0% 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 15, Morgan Mansions, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.