According to the public record, Flat 42, Terrace Apartments 40, London is a modern leasehold apartment and with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Terrace Apartments, Drayton Park, London, N5.
Drayton Park, London, N5 is located in the borough of Islington within the N5 postal district.
Flat 42, Terrace Apartments 40, London has 2 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated February 2017.
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 42 Terrace Apartments 40 London as £383,996 and the rental value as £1,746 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 42 Terrace Apartments 40 London has increased by £3,857 (1.0%) and its rental value has increased by £106 per month (6.0%).
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 42, Terrace Apartments 40, London is in very good condition we estimate a sale value of £403,196 and rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,117 and a rental value of £1,624 per month.
If you were able to purchase this property for the estimated value of £383,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,887 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 42, Terrace Apartments 40, London was last sold on 08 Sep 2017 for £377,850 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, Terrace Apartments 40, London within a radius of 124m over the last 2 years.
The most recent example is 3, Tinniswood Close, London, N5 1XS, a Leasehold flat which sold for £350,000 in Jul 2022.
Read more about house prices in N5.
Our network of Estate Agents report 1 let within a 166m radius of Flat 42, Terrace Apartments 40, London over the last 2 years.
Most recently Flat 3, 15-19 , Benwell Road, London, N7 7BL, a Leasehold flat let by Fine Living for an undisclosed amount in Jul 2020.
Drayton Park, London, N5 has a total of 960 addresses. According to our analysis of all the public data, Flat 42, Terrace Apartments 40, London is the 831st largest and the 679th most expensive property on the street.
When compared to the postcode district it is £433k less expensive than the average property in N5.
Flat 42, Terrace Apartments 40, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 42, Terrace Apartments 40, London is Drayton Park station which is 200 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 42, Terrace Apartments 40, London, 31.4% of property is privately rented and 29.1% 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 42, Terrace Apartments 40, London, 21.1% of residents are recorded as possessing school level qualifications and 67.0% 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 42, Terrace Apartments 40, London, the average age was 36.6 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 42, Terrace Apartments 40, London, 3.2% 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 42, Terrace Apartments 40, 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.