According to the public record, Flat 708, Willoughby House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,102 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Willoughby House, Barbican, London, EC2.
Barbican, London, EC2 is located in the borough of City and County of the City of London within the EC2 postal district.
Flat 708, Willoughby House, London has 21 entries in the Land Registry database, most recently in October 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 708 Willoughby House London as £1,038,657 and the rental value as £4,226 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 708 Willoughby House London has decreased by £5,663 (0.5%) and its rental value has increased by £193 per month (4.6%).
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 708, Willoughby House, London is in very good condition we estimate a sale value of £1,090,589 and rental value of £4,437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £965,951 and a rental value of £3,930 per month.
If you were able to purchase this property for the estimated value of £1,038,657, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,105 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 708, Willoughby House, London was last sold on 02 Oct 2015 for £1,450,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2015, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 708, Willoughby House, London within a radius of 310 metres over the last 2 years.
The most recent example is 2, Brandon Mews, London, EC2Y 8BE, a Leasehold flat which sold for £1,331,999 in Nov 2023.
Read more about house prices in EC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 310 metres radius of Flat 708, Willoughby House, London over the last 2 years.
Most recently Apartment 55, Roman House, Wood Street, London, EC2Y 5AG, a Leasehold flat let by Saint Andrews Bureau in Jul 2024.
Barbican, London, EC2 has a total of 1944 addresses. According to our analysis of all the public data, Flat 708, Willoughby House, London is the 351st largest and the 528th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in EC2.
The closest station to Flat 708, Willoughby House, London is Moorgate station which is 100 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 708, Willoughby House, London, 42.0% of property is privately rented and 33.9% 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 708, Willoughby House, London, 8.7% of residents are recorded as possessing school level qualifications and 81.6% 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 708, Willoughby House, 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 708, Willoughby House, 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 708, Willoughby House, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.