According to the public record, Flat 2, 2, Richmond Avenue, London is a period leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 2, Richmond Avenue, London, N1.
Richmond Avenue, London, N1 is located in the borough of Islington within the N1 postal district.
Flat 2, 2, Richmond Avenue, London has a single entry in the Land Registry database from September 2013 and a single entry in the EPC database dated July 2024.
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 2 2 Richmond Avenue London as £610,324 and the rental value as £2,719 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 2 2 Richmond Avenue London has decreased by £515 (0.1%) and its rental value has increased by £162 per month (6.0%).
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 2, 2, Richmond Avenue, London is in very good condition we estimate a sale value of £640,840 and rental value of £2,855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £567,601 and a rental value of £2,529 per month.
If you were able to purchase this property for the estimated value of £610,324, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,000 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 2, 2, Richmond Avenue, London was last sold on 12 Sep 2013 for £520,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2013, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Richmond Avenue, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 8, Dunoon House, Bemerton Estate, London, N1 0AR, a Leasehold flat which sold for £600,000 in Jul 2023.
Read more about house prices in N1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 280 metres radius of Flat 2, 2, Richmond Avenue, London over the last 2 years.
Most recently 242A, Caledonian Road, London, N1 0NG, a Leasehold flat let by Fine Living in Nov 2020.
Richmond Avenue, London, N1 has a total of 253 addresses. According to our analysis of all the public data, Flat 2, 2, Richmond Avenue, London is the 159th largest and the 179th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in N1.
Flat 2, 2, Richmond Avenue, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jul 2024.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 2, Richmond Avenue, London is Caledonian Road & Barnsbury station which is 400 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 2, 2, Richmond Avenue, London, 75.1% of property is privately rented and 10.3% 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 2, 2, Richmond Avenue, London, 21.4% of residents are recorded as possessing school level qualifications and 63.5% 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 2, 2, Richmond Avenue, London, the average age was 37.7 and the most common age was 32.
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 2, 2, Richmond Avenue, 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 2, 2, Richmond Avenue, 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.