According to the public record, Flat 505, 26-30, Southgate Road, London is a modern leasehold apartment with 1,173 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 26-30, Southgate Road, London, N1.
Southgate Road, London, N1 is located in the borough of Hackney within the N1 postal district.
Flat 505, 26-30, Southgate Road, London has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated February 2018.
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 505 26-30 Southgate Road London as £463,551 and the rental value as £2,252 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 505 26-30 Southgate Road London has decreased by £4,845 (1.0%) and its rental value has increased by £131 per month (5.8%).
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 505, 26-30, Southgate Road, London is in very good condition we estimate a sale value of £486,729 and rental value of £2,364 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,103 and a rental value of £2,094 per month.
If you were able to purchase this property for the estimated value of £463,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,278 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 505, 26-30, Southgate Road, London was last sold on 30 Sep 2021 for £220,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 505, 26-30, Southgate Road, London within a radius of 260 metres over the last 2 years.
The most recent example is 5, Balmes Road, London, N1 5EY, a Leasehold flat which sold for £435,000 in Nov 2023.
Read more about house prices in N1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southgate Road, London, N1 has a total of 672 addresses. According to our analysis of all the public data, Flat 505, 26-30, Southgate Road, London is the 64th largest and the 477th most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in N1.
Flat 505, 26-30, Southgate Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2018.
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 505, 26-30, Southgate Road, London is Haggerston station which is 600 metres 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 505, 26-30, Southgate Road, London, 33.1% of property is shared ownership and 30.0% 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 505, 26-30, Southgate Road, London, 20.9% of residents are recorded as possessing school level qualifications and 67.1% 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 505, 26-30, Southgate Road, 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 505, 26-30, Southgate Road, London, 1.5% 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 505, 26-30, Southgate Road, 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.