According to the public record, Flat 7, Farriers House, London is a mid-century apartment with 644 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Farriers House, Errol Street, London, EC1.
Errol Street, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 7, Farriers House, London has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 7 Farriers House London as £521,848 and the rental value as £2,621 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 7 Farriers House London has decreased by £5,546 (1.1%) and its rental value has increased by £119 per month (4.5%).
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 7, Farriers House, London is in very good condition we estimate a sale value of £547,940 and rental value of £2,752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,319 and a rental value of £2,438 per month.
If you were able to purchase this property for the estimated value of £521,848, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,565 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Farriers House, London within a radius of 39m over the last 2 years.
The most recent example is Flat 6, Cooper House 90, Whitecross Street, London, EC1Y 8TD, a Leasehold flat which sold for £496,450 in Jul 2023.
Read more about house prices in EC1.
Our network of Estate Agents report 1 let within a 197m radius of Flat 7, Farriers House, London over the last 2 years.
Most recently 24, Clarendon Court 43, Golden Lane, London, EC1Y 0AD, a Leasehold flat let by London Property Management for an undisclosed amount in Jun 2021.
Errol Street, London, EC1 has a total of 133 addresses. According to our analysis of all the public data, Flat 7, Farriers House, London is the 78th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in EC1.
Flat 7, Farriers House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Oct 2010.
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 7, Farriers House, London is Moorgate station which is 300 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 7, Farriers House, London, 57.9% of property is socially rented and 26.3% 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 7, Farriers House, London, 18.8% of residents are recorded as possessing school level qualifications and 45.0% 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 7, Farriers 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 7, Farriers House, London, 2.7% 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 7, Farriers House, 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.