According to the public record, Flat 6, 3, Ludgate Square, London is a modern leasehold apartment and with 486 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 3, Ludgate Square, London, EC4.
Ludgate Square, London, EC4 is located in the borough of City and County of the City of London within the EC4 postal district.
Flat 6, 3, Ludgate Square, London has 31 entries in the Land Registry database, most recently in September 2021 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 6 3 Ludgate Square London as £588,769 and the rental value as £2,506 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 6 3 Ludgate Square London has increased by £2,845 (0.5%) and its rental value has increased by £137 per month (5.5%).
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 6, 3, Ludgate Square, London is in very good condition we estimate a sale value of £618,208 and rental value of £2,632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,555 and a rental value of £2,331 per month.
If you were able to purchase this property for the estimated value of £588,769, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,894 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, 3, Ludgate Square, London was last sold on 30 Sep 2021 for £530,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 3, Ludgate Square, London within a radius of 52m over the last 2 years.
The most recent example is Flat 6, The Gallery 38, Ludgate Hill, London, EC4M 7DE, a Leasehold flat which sold for £550,000 in Jul 2022.
Read more about house prices in EC4.
Our network of Estate Agents report 1 let within a 559m radius of Flat 6, 3, Ludgate Square, London over the last 2 years.
Most recently Apartment 2.2, Vicary House 24, Bartholomew Close, London, EC1A 7BB, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Aug 2021.
Ludgate Square, London, EC4 has a total of 51 addresses. According to our analysis of all the public data, Flat 6, 3, Ludgate Square, London is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in EC4.
Flat 6, 3, Ludgate Square, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 6, 3, Ludgate Square, London is City Thameslink station which is 100 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 6, 3, Ludgate Square, London, 66.5% of property is privately rented and 22.4% is privately owned outright.
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, 3, Ludgate Square, London, 18.7% of residents are recorded as possessing school level qualifications and 68.2% 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, 3, Ludgate Square, London, the average age was 40.7 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, 3, Ludgate Square, London, 3.5% 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 6, 3, Ludgate Square, 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.