According to the public record, Flat 20, Wallace House, London is a period leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Wallace House, Caledonian Road, London, N7.
Caledonian Road, London, N7 is located in the borough of Islington within the N7 postal district.
Flat 20, Wallace House, London has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated July 2015.
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 Wallace House London as £470,876 and the rental value as £2,530 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 20 Wallace House London has increased by £9,253 (2.0%) and its rental value has increased by £186 per month (7.3%).
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 20, Wallace House, London is in very good condition we estimate a sale value of £494,420 and rental value of £2,656 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,915 and a rental value of £2,352 per month.
If you were able to purchase this property for the estimated value of £470,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,314 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, Wallace House, London was last sold on 21 Mar 2016 for £449,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, Wallace House, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 9, Carrick House, Caledonian Road, London, N7 8TG, a Leasehold flat which sold for £450,000 in Jan 2022.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caledonian Road, London, N7 has a total of 1102 addresses. According to our analysis of all the public data, Flat 20, Wallace House, London is the 311th largest and the 496th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in N7.
Flat 20, Wallace House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2015.
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 20, Wallace House, London is Caledonian Road 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 20, Wallace House, London, 56.7% of property is socially rented and 14.9% is privately owned with a mortgage.
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, Wallace House, London, 18.8% of residents are recorded as possessing school level qualifications and 42.6% 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, Wallace House, London, the average age was 34.5 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, Wallace House, 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 20, Wallace House, 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.