According to the public record, Flat 6, 22-24 , Hercules Place, London is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 22-24, Hercules Place, London, N7.
Hercules Place, London, N7 is located in the borough of Islington within the N7 postal district.
Flat 6, 22-24 , Hercules Place, London has 31 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated October 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 6 22-24 Hercules Place London as £397,163 and the rental value as £2,166 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 6 22-24 Hercules Place London has increased by £7,600 (1.9%) and its rental value has increased by £139 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 6, 22-24 , Hercules Place, London is in very good condition we estimate a sale value of £417,021 and rental value of £2,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,362 and a rental value of £2,014 per month.
If you were able to purchase this property for the estimated value of £397,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,952 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 6, 22-24 , Hercules Place, London was last sold on 14 Sep 2018 for £375,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2018, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 22-24 , Hercules Place, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 333, The Beaux Arts Building 10-18, Manor Gardens, London, N7 6JS, a Leasehold flat which sold for £350,000 in Aug 2023.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hercules Place, London, N7 has a total of 14 addresses. According to our analysis of all the public data, Flat 6, 22-24 , Hercules Place, London is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in N7.
Flat 6, 22-24 , Hercules Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, 22-24 , Hercules Place, London is Upper Holloway station which is 800 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 6, 22-24 , Hercules Place, London, 49.2% of property is privately rented and 23.1% 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 6, 22-24 , Hercules Place, London, 16.0% of residents are recorded as possessing school level qualifications and 58.4% 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 6, 22-24 , Hercules Place, London, the average age was 35 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 6, 22-24 , Hercules Place, 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 6, 22-24 , Hercules Place, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.