According to the public record, Flat 4, Roby House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Roby House, Mitchell Street, London, EC1.
Mitchell Street, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 4, Roby House, London has a single entry in the Land Registry database from 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 4 Roby House London as £481,113 and the rental value as £2,441 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 4 Roby House London has decreased by £1,562 (0.3%) and its rental value has increased by £144 per month (5.9%).
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, Roby House, London is in very good condition we estimate a sale value of £505,169 and rental value of £2,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,435 and a rental value of £2,270 per month.
If you were able to purchase this property for the estimated value of £481,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,365 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, Roby House, London was last sold on 13 Apr 2007 for £234,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 46.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Roby House, London within a radius of 126m over the last 2 years.
The most recent example is 56, Dance Square, London, EC1V 3AJ, a Leasehold flat which sold for £224,000 in Mar 2023.
Read more about house prices in EC1.
Mitchell Street, London, EC1 has a total of 65 addresses. According to our analysis of all the public data, Flat 4, Roby House, London is the 41st largest and the 47th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in EC1.
The closest station to Flat 4, Roby House, London is Old Street station which is 500 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 4, Roby House, London, 51.2% of property is socially rented and 24.2% 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, Roby House, London, 24.6% of residents are recorded as possessing school level qualifications and 53.5% 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 4, Roby House, London, the average age was 34.5 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, Roby House, London, 1.7% 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, Roby 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.