According to the public record, Flat 40, Radcliffe Building, London is a period leasehold apartment and with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Radcliffe Building, Bourne Estate, London, EC1.
Bourne Estate, London, EC1 is located in the borough of Camden within the EC1 postal district.
Flat 40, Radcliffe Building, London has 2 entries in the Land Registry database, most recently in November 2023 and no records in the EPC database.
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 40 Radcliffe Building London as £557,467 and the rental value as £2,735 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 40 Radcliffe Building London has decreased by £2,942 (0.5%) and its rental value has increased by £147 per month (5.4%).
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 40, Radcliffe Building, London is in very good condition we estimate a sale value of £585,340 and rental value of £2,872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,444 and a rental value of £2,544 per month.
If you were able to purchase this property for the estimated value of £557,467, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,740 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 40, Radcliffe Building, London was last sold on 02 Nov 2023 for £550,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Radcliffe Building, London within a radius of 69m over the last 2 years.
The most recent example is Flat 33, Ledam House, Bourne Estate, London, EC1N 7UQ, a Leasehold flat which sold for £503,000 in Feb 2024.
Read more about house prices in EC1.
Bourne Estate, London, EC1 has a total of 416 addresses. According to our analysis of all the public data, Flat 40, Radcliffe Building, London is the 47th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in EC1.
Flat 40, Radcliffe Building, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 40, Radcliffe Building, London is Chancery Lane station which is 400 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 40, Radcliffe Building, London, 66.2% of property is socially rented and 17.7% 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 40, Radcliffe Building, London, 22.0% of residents are recorded as possessing school level qualifications and 41.0% 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 40, Radcliffe Building, London, the average age was 37.5 and the most common age was 22.
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 40, Radcliffe Building, 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 40, Radcliffe Building, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.