According to the public record, Flat 4, Loreburn House, London is a early-century leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and garden.
The apartment is in Loreburn House, Holloway Road, London, N7.
Holloway Road, London, N7 is located in the borough of Islington within the N7 postal district.
Flat 4, Loreburn House, London has a single entry in the Land Registry database from July 2013 and a single entry in the EPC database dated July 2022.
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 4 Loreburn House London as £564,525 and the rental value as £2,997 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 4 Loreburn House London has increased by £15,553 (2.8%) and its rental value has increased by £237 per month (7.9%).
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 4, Loreburn House, London is in very good condition we estimate a sale value of £592,751 and rental value of £3,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,008 and a rental value of £2,787 per month.
If you were able to purchase this property for the estimated value of £564,525, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,774 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 4, Loreburn House, London was last sold on 05 Jul 2013 for £420,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2013, the market for similar properties has risen 33.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Loreburn House, London within a radius of 290 metres over the last 2 years.
The most recent example is 369A, Holloway Road, London, N7 0RN, a Leasehold flat which sold for £600,000 in Mar 2023.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holloway Road, London, N7 has a total of 2031 addresses. According to our analysis of all the public data, Flat 4, Loreburn House, London is the 215th largest and the 385th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in N7.
Flat 4, Loreburn House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2022.
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 4, Loreburn House, London is Holloway Road station which is 400 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 4, Loreburn House, London, 61.5% of property is socially rented and 22.1% 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 4, Loreburn House, London, 17.2% of residents are recorded as possessing school level qualifications and 46.1% 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 4, Loreburn House, London, the average age was 34.1 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 4, Loreburn 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 4, Loreburn 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.