According to the public record, Flat 3, 56-57, Myddelton Square, London is a period leasehold apartment with 938 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 56, Myddelton Square, London, EC1.
Myddelton Square, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 3, 56-57, Myddelton Square, London has a single entry in the Land Registry database from May 2012 and a single entry in the EPC database dated October 2011.
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 3 56-57 Myddelton Square London as £886,337 and the rental value as £3,834 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 3 56-57 Myddelton Square London has decreased by £12,262 (1.4%) and its rental value has increased by £166 per month (4.3%).
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 3, 56-57, Myddelton Square, London is in very good condition we estimate a sale value of £930,654 and rental value of £4,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £824,293 and a rental value of £3,565 per month.
If you were able to purchase this property for the estimated value of £886,337, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,356 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 3, 56-57, Myddelton Square, London was last sold on 25 May 2012 for £931,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 56-57, Myddelton Square, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat A, 10, Inglebert Street, London, EC1R 1XR, a Leasehold flat which sold for £939,000 in Feb 2024.
Read more about house prices in EC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Myddelton Square, London, EC1 has a total of 167 addresses. According to our analysis of all the public data, Flat 3, 56-57, Myddelton Square, London is the 45th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £223k more expensive than the average property in EC1.
Flat 3, 56-57, Myddelton Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2011.
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 3, 56-57, Myddelton Square, London is Angel 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 3, 56-57, Myddelton Square, London, 33.3% of property is privately rented and 27.2% 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 3, 56-57, Myddelton Square, London, 15.4% of residents are recorded as possessing school level qualifications and 60.5% 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 3, 56-57, Myddelton Square, 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 3, 56-57, Myddelton Square, London, 5.4% 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 3, 56-57, Myddelton Square, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.