According to the public record, Flat 27, 1, Packington Square, London is a modern leasehold apartment and with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and roof terrace.
The apartment is in 1, Packington Square, London, N1.
Packington Square, London, N1 is located in the borough of Islington within the N1 postal district.
Flat 27, 1, Packington Square, London has a single entry in the Land Registry database from February 2019 and a single entry in the EPC database dated December 2018.
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 27 1 Packington Square London as £694,264 and the rental value as £3,093 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 27 1 Packington Square London has decreased by £6,668 (1.0%) and its rental value has increased by £194 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 27, 1, Packington Square, London is in very good condition we estimate a sale value of £728,977 and rental value of £3,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £645,666 and a rental value of £2,877 per month.
If you were able to purchase this property for the estimated value of £694,264, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,412 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 27, 1, Packington Square, London was last sold on 25 Feb 2019 for £710,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2019, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 27, 1, Packington Square, London within a radius of 164m over the last 2 years.
The most recent example is Flat 28, 11, Canalside Square, London, N1 7FN, a Leasehold flat which sold for £400,000 in May 2021.
Read more about house prices in N1.
Our network of Estate Agents report 2 lets within a 251m radius of Flat 27, 1, Packington Square, 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 Square, London, N1 has a total of 93 addresses. According to our analysis of all the public data, Flat 27, 1, Packington Square, London is the 45th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in N1.
Flat 27, 1, Packington Square, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 27, 1, Packington Square, London is Essex Road station which is 600 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 27, 1, Packington Square, 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 27, 1, Packington Square, 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 27, 1, Packington Square, 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 27, 1, Packington Square, 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 27, 1, Packington Square, 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.