According to the public record, Flat 23, Basil Spence House, London is a mid-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Basil Spence House, Commerce Road, London, N22.
Commerce Road, London, N22 is located in the borough of Haringey within the N22 postal district.
Flat 23, Basil Spence House, London has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated February 2014.
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 23 Basil Spence House London as £292,755 and the rental value as £1,566 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 23 Basil Spence House London has increased by £4,984 (1.7%) and its rental value has increased by £107 per month (6.8%).
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 23, Basil Spence House, London is in very good condition we estimate a sale value of £307,393 and rental value of £1,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,262 and a rental value of £1,456 per month.
If you were able to purchase this property for the estimated value of £292,755, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,439 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 23, Basil Spence House, London was last sold on 07 Jun 2010 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 74.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Basil Spence House, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 9, Maurice Court , Newnham Road, London, N22 5ST, a Leasehold flat which sold for £325,000 in Mar 2023.
Read more about house prices in N22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commerce Road, London, N22 has a total of 285 addresses. According to our analysis of all the public data, Flat 23, Basil Spence House, London is the 40th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in N22.
Flat 23, Basil Spence House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 23, Basil Spence House, London is Alexandra Palace station which is 600 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 23, Basil Spence House, London, 53.5% of property is socially rented and 31.8% 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 23, Basil Spence House, London, 23.4% of residents are recorded as possessing school level qualifications and 32.8% 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 23, Basil Spence House, London, the average age was 37.2 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 23, Basil Spence 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 23, Basil Spence House, 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.