According to the public record, Flat 1801, Canaletto Tower 257, London is a modern leasehold apartment and with 904 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Canaletto Tower, City Road, London, EC1.
City Road, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 1801, Canaletto Tower 257, London has 3 entries in the Land Registry database, most recently in April 2024 and no records in the EPC database.
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 1801 Canaletto Tower 257 London as £972,472 and the rental value as £4,042 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1801 Canaletto Tower 257 London has decreased by £16,688 (1.7%) and its rental value has increased by £188 per month (4.7%).
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 1801, Canaletto Tower 257, London is in very good condition we estimate a sale value of £1,021,095 and rental value of £4,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £904,399 and a rental value of £3,759 per month.
If you were able to purchase this property for the estimated value of £972,472, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,779 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 1801, Canaletto Tower 257, London was last sold on 30 Apr 2024 for £1,075,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2024, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1801, Canaletto Tower 257, London within a radius of 0m over the last 2 years.
The most recent example is Flat 1302, Canaletto Tower 257, City Road, London, EC1V 1AE, a Leasehold flat which sold for £1,060,000 in Mar 2023.
Read more about house prices in EC1.
Our network of Estate Agents report 1 let within a 88m radius of Flat 1801, Canaletto Tower 257, London over the last 2 years.
Most recently Flat 86, Chronicle Tower 261B, City Road, London, EC1V 1AL, a Leasehold flat let by Fine Living for an undisclosed amount in Mar 2024.
City Road, London, EC1 has a total of 1886 addresses. According to our analysis of all the public data, Flat 1801, Canaletto Tower 257, London is the 417th largest and the 278th most expensive property on the street.
When compared to the postcode district it is £309k more expensive than the average property in EC1.
Flat 1801, Canaletto Tower 257, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 1801, Canaletto Tower 257, London is Old Street 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 1801, Canaletto Tower 257, London, 44.0% of property is privately rented and 36.3% 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 1801, Canaletto Tower 257, London, 24.4% of residents are recorded as possessing school level qualifications and 67.1% 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 1801, Canaletto Tower 257, London, the average age was 36.3 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 1801, Canaletto Tower 257, London, 1.6% 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 1801, Canaletto Tower 257, 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.