According to the public record, Flat 2, Bow House 3, London is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Bow House, Wilmer Gardens, London, N1.
Wilmer Gardens, London, N1 is located in the borough of Hackney within the N1 postal district.
Flat 2, Bow House 3, London has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated February 2019.
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 Bow House 3 London as £186,329 and the rental value as £968 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 2 Bow House 3 London has increased by £596 (0.3%) and its rental value has increased by £61 per month (6.3%).
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, Bow House 3, London is in very good condition we estimate a sale value of £195,645 and rental value of £1,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,286 and a rental value of £900 per month.
If you were able to purchase this property for the estimated value of £186,329, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £916 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, Bow House 3, London was last sold on 30 Mar 2021 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Bow House 3, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 1, Bolt House 4, Phillipp Street, London, N1 5NU, a Leasehold flat which sold for £168,000 in Nov 2021.
Read more about house prices in N1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmer Gardens, London, N1 has a total of 15 addresses. According to our analysis of all the public data, Flat 2, Bow House 3, London is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £550k less expensive than the average property in N1.
Flat 2, Bow House 3, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2019.
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, Bow House 3, London is Hoxton 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, Bow House 3, London, 70.4% of property is socially rented and 18.5% 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 2, Bow House 3, London, 26.8% of residents are recorded as possessing school level qualifications and 41.6% 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, Bow House 3, London, the average age was 34.5 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, Bow House 3, 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 2, Bow House 3, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.