According to the public record, Flat 20, 51, Packington Street, London is a modern leasehold apartment and with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 51, Packington Street, London, N1.
Packington Street, London, N1 is located in the borough of Islington within the N1 postal district.
Flat 20, 51, Packington Street, London has a single entry in the Land Registry database from September 2012 and 2 entries in the EPC database, most recently in November 2022.
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 20 51 Packington Street London as £435,267 and the rental value as £2,113 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 20 51 Packington Street London has decreased by £1,377 (0.3%) and its rental value has increased by £147 per month (7.0%).
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 20, 51, Packington Street, London is in very good condition we estimate a sale value of £457,030 and rental value of £2,219 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,798 and a rental value of £1,965 per month.
If you were able to purchase this property for the estimated value of £435,267, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,139 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 20, 51, Packington Street, London was last sold on 12 Sep 2012 for £345,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2012, the market for similar properties has risen 40.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, 51, Packington Street, London within a radius of 210m over the last 2 years.
The most recent example is Flat 28, 74, Arlington Avenue, London, N1 7AY, a Leasehold flat which sold for £485,000 in Feb 2024.
Read more about house prices in N1.
Our network of Estate Agents report 2 lets within a 248m radius of Flat 20, 51, Packington Street, London over the last 2 years.
Most recently Flat 2, Montanaro Court 24, Coleman Fields, London, N1 7AD, a Leasehold flat let by Fine Living for an undisclosed amount in Dec 2020.
Packington Street, London, N1 has a total of 196 addresses. According to our analysis of all the public data, Flat 20, 51, Packington Street, London is the 124th largest and the 158th most expensive property on the street.
When compared to the postcode district it is £301k less expensive than the average property in N1.
Flat 20, 51, Packington Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 20, 51, Packington Street, London is Essex Road station which is 500 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 20, 51, Packington Street, London, 54.3% of property is privately rented and 23.8% 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 20, 51, Packington Street, London, 18.1% of residents are recorded as possessing school level qualifications and 67.6% 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 20, 51, Packington Street, London, the average age was 36 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 20, 51, Packington Street, London, 1.0% 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 20, 51, Packington Street, 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.