According to the public record, Flat 28, Frearson, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 559 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Frearson, Penton Rise, London, WC1.
Penton Rise, London, WC1 is located in the borough of Islington within the WC1 postal district.
Flat 28, Frearson, London has 21 entries in the Land Registry database, most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 28 Frearson London as £289,800 and the rental value as £1,537 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 28 Frearson London has decreased by £1,898 (0.7%) and its rental value has increased by £61 per month (4.0%).
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 28, Frearson, London is in very good condition we estimate a sale value of £304,290 and rental value of £1,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,514 and a rental value of £1,429 per month.
If you were able to purchase this property for the estimated value of £289,800, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,424 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 28, Frearson, London was last sold on 05 Apr 2007 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 28, Frearson, London within a radius of 190 metres over the last 2 years.
The most recent example is Flat 5, Frearson, Penton Rise, London, WC1X 9EB, a Leasehold flat which sold for £250,000 in Oct 2014.
Read more about house prices in WC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 190 metres radius of Flat 28, Frearson, London over the last 2 years.
Most recently Flat 27, Fitzgerald Court 2B, Rodney Street, London, N1 9FS, a Leasehold flat let by Saint Andrews Bureau in Sep 2023.
Penton Rise, London, WC1 has a total of 440 addresses. According to our analysis of all the public data, Flat 28, Frearson, London is the 82nd largest and the 312th most expensive property on the street.
When compared to the postcode district it is £424k less expensive than the average property in WC1.
The closest station to Flat 28, Frearson, London is London Kings Cross station which is 500 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 28, Frearson, London, 62.7% of property is socially rented and 22.9% 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 28, Frearson, London, 27.5% of residents are recorded as possessing school level qualifications and 54.6% 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 28, Frearson, London, the average age was 36.9 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 28, Frearson, London, 1.4% 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 28, Frearson, 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.