According to the public record, Flat 7, Sweeps Building 34, London is a modern leasehold apartment and with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Sweeps Building, Leather Lane, London, EC1.
Leather Lane, London, EC1 is located in the borough of Camden within the EC1 postal district.
Flat 7, Sweeps Building 34, London has 2 entries in the Land Registry database, most recently in October 2007 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 7 Sweeps Building 34 London as £417,782 and the rental value as £1,953 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 7 Sweeps Building 34 London has decreased by £1,804 (0.4%) and its rental value has increased by £107 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 7, Sweeps Building 34, London is in very good condition we estimate a sale value of £438,671 and rental value of £2,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,537 and a rental value of £1,816 per month.
If you were able to purchase this property for the estimated value of £417,782, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,053 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 7, Sweeps Building 34, London was last sold on 05 Oct 2007 for £335,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Sweeps Building 34, London within a radius of 251m over the last 2 years.
The most recent example is Flat 71, Cavendish Mansions, Clerkenwell Road, London, EC1R 5DH, a Leasehold flat which sold for £367,500 in Aug 2023.
Read more about house prices in EC1.
Our network of Estate Agents report 2 lets within a 231m radius of Flat 7, Sweeps Building 34, London over the last 2 years.
Most recently Flat 13, 81-89, Farringdon Road, London, EC1M 3LL, a Leasehold flat let by Fine Living for an undisclosed amount in Mar 2024.
Leather Lane, London, EC1 has a total of 264 addresses. According to our analysis of all the public data, Flat 7, Sweeps Building 34, London is the 255th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in EC1.
Flat 7, Sweeps Building 34, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2021.
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 7, Sweeps Building 34, London is Chancery Lane 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, Sweeps Building 34, London, 41.5% of property is privately rented and 38.4% 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 7, Sweeps Building 34, London, 32.2% of residents are recorded as possessing school level qualifications and 57.0% 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, Sweeps Building 34, London, the average age was 37.5 and the most common age was 22.
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, Sweeps Building 34, London, 1.8% 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, Sweeps Building 34, 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.