According to the public record, Flat 5, 12, Penn Street, London is a early-century leasehold apartment and with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 12, Penn Street, London, N1.
Penn Street, London, N1 is located in the borough of Hackney within the N1 postal district.
Flat 5, 12, Penn Street, London has a single entry in the Land Registry database from January 2023 and 2 entries in the EPC database, most recently in March 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 5 12 Penn Street London as £809,772 and the rental value as £3,285 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 5 12 Penn Street London has decreased by £8,306 (1.0%) and its rental value has increased by £192 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 5, 12, Penn Street, London is in very good condition we estimate a sale value of £850,260 and rental value of £3,449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £753,088 and a rental value of £3,055 per month.
If you were able to purchase this property for the estimated value of £809,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,980 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 5, 12, Penn Street, London was last sold on 11 Jan 2023 for £228,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 12, Penn Street, London within a radius of 0m over the last 2 years.
The most recent example is Flat 21, 12, Penn Street, London, N1 5DJ, a Leasehold flat which sold for £840,000 in May 2022.
Read more about house prices in N1.
Our network of Estate Agents report 2 lets within a 153m radius of Flat 5, 12, Penn Street, London over the last 2 years.
Most recently 41, Grange Street, London, N1 5JN, a Freehold flat let by Fine Living for an undisclosed amount in Aug 2024.
Penn Street, London, N1 has a total of 249 addresses. According to our analysis of all the public data, Flat 5, 12, Penn Street, London is the 67th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in N1.
Flat 5, 12, Penn Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 5, 12, Penn Street, London is Haggerston station which is 700 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 5, 12, Penn Street, London, 70.3% of property is socially rented and 20.8% 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 5, 12, Penn Street, London, 27.6% of residents are recorded as possessing school level qualifications and 38.6% 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 5, 12, Penn Street, London, the average age was 34.5 and the most common age was 32.
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 5, 12, Penn Street, 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 5, 12, Penn Street, 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.