According to the public record, Flat 2, 7, Wedmore Street, London is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 7, Wedmore Street, London, N19.
Wedmore Street, London, N19 is located in the borough of Islington within the N19 postal district.
Flat 2, 7, Wedmore Street, London has 31 entries in the Land Registry database, most recently in December 2010 and a single entry in the EPC database dated April 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 2 7 Wedmore Street London as £483,332 and the rental value as £2,372 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 2 7 Wedmore Street London has increased by £2,875 (0.6%) and its rental value has increased by £82 per month (3.5%).
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 2, 7, Wedmore Street, London is in very good condition we estimate a sale value of £507,499 and rental value of £2,490 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,499 and a rental value of £2,206 per month.
If you were able to purchase this property for the estimated value of £483,332, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,375 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, 7, Wedmore Street, London was last sold on 20 Dec 2010 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2010, the market for similar properties has risen 64.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 7, Wedmore Street, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 17, Statham Court 20, Tollington Way, London, N7 6FP, a Leasehold flat which sold for £375,000 in Feb 2023.
Read more about house prices in N19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wedmore Street, London, N19 has a total of 244 addresses. According to our analysis of all the public data, Flat 2, 7, Wedmore Street, London is the 149th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in N19.
Flat 2, 7, Wedmore Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 7, Wedmore Street, London is Upper Holloway 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 2, 7, Wedmore Street, London, 30.6% of property is privately rented and 28.2% is privately owned outright.
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, 7, Wedmore Street, London, 21.8% of residents are recorded as possessing school level qualifications and 66.4% 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, 7, Wedmore Street, London, the average age was 38.1 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 2, 7, Wedmore Street, London, 4.3% 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, 7, Wedmore Street, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.