According to the public record, Flat 5, Neptune House, London is a mid-century leasehold apartment and with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Neptune House, Mayville Estate, London, N16.
Mayville Estate, London, N16 is located in the borough of Islington within the N16 postal district.
Flat 5, Neptune House, London has a single entry in the Land Registry database from January 2020 and 2 entries in the EPC database, most recently in February 2023.
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 Neptune House London as £326,879 and the rental value as £1,735 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 5 Neptune House London has increased by £3,706 (1.1%) and its rental value has increased by £112 per month (6.4%).
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 5, Neptune House, London is in very good condition we estimate a sale value of £343,223 and rental value of £1,822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,998 and a rental value of £1,613 per month.
If you were able to purchase this property for the estimated value of £326,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,607 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, Neptune House, London was last sold on 24 Jan 2020 for £327,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Neptune House, London within a radius of 200m over the last 2 years.
The most recent example is 25, Lydford Close, London, N16 8UT, a Leasehold flat which sold for £345,000 in Dec 2021.
Read more about house prices in N16.
Mayville Estate, London, N16 has a total of 444 addresses. According to our analysis of all the public data, Flat 5, Neptune House, London is the 434th largest and the 360th most expensive property on the street.
When compared to the postcode district it is £339k less expensive than the average property in N16.
Flat 5, Neptune House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 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 5, Neptune House, London is Dalston Kingsland 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 5, Neptune House, London, 45.3% of property is socially rented and 29.1% 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 5, Neptune House, London, 11.5% of residents are recorded as possessing school level qualifications and 63.5% 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 5, Neptune House, London, the average age was 35 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, Neptune House, London, 3.3% 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, Neptune House, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.