According to the public record, Flat 50, Macclesfield House, London is a mid-century leasehold apartment and with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Macclesfield House, Central Street, London, EC1.
Central Street, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 50, Macclesfield House, London has a single entry in the Land Registry database from February 2020 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 50 Macclesfield House London as £319,757 and the rental value as £1,596 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 50 Macclesfield House London has increased by £727 (0.2%) and its rental value has increased by £104 per month (6.5%).
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 50, Macclesfield House, London is in very good condition we estimate a sale value of £335,745 and rental value of £1,676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,374 and a rental value of £1,484 per month.
If you were able to purchase this property for the estimated value of £319,757, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,572 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 50, Macclesfield House, London was last sold on 14 Feb 2020 for £305,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has dropped 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, Macclesfield House, London within a radius of 0m over the last 2 years.
The most recent example is Flat 19, Macclesfield House, Central Street, London, EC1V 8BA, a Leasehold flat which sold for £135,000 in Jul 2017.
Read more about house prices in EC1.
Central Street, London, EC1 has a total of 471 addresses. According to our analysis of all the public data, Flat 50, Macclesfield House, London is the 434th largest and the 441st most expensive property on the street.
When compared to the postcode district it is £344k less expensive than the average property in EC1.
Flat 50, Macclesfield House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 50, Macclesfield House, London is Old Street station which is 600 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 50, Macclesfield House, London, 63.6% of property is socially rented and 25.1% 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 50, Macclesfield House, London, 25.2% of residents are recorded as possessing school level qualifications and 43.4% 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 50, Macclesfield 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 50, Macclesfield House, London, 0.5% 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 50, Macclesfield House, 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.