According to the public record, Flat 74, Rahere House, London is a mid-century leasehold apartment and with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Rahere House, Central Street, London, EC1.
Central Street, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 74, Rahere House, London has 21 entries in the Land Registry database, most recently in December 2018 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 74 Rahere House London as £340,996 and the rental value as £1,735 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 74 Rahere House London has increased by £775 (0.2%) and its rental value has increased by £113 per month (6.5%).
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 74, Rahere House, London is in very good condition we estimate a sale value of £358,046 and rental value of £1,822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,127 and a rental value of £1,613 per month.
If you were able to purchase this property for the estimated value of £340,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,676 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 74, Rahere House, London was last sold on 12 Dec 2018 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 74, Rahere House, London within a radius of 110m over the last 2 years.
The most recent example is Flat 50, Macclesfield House, Central Street, London, EC1V 8BA, a Leasehold flat which sold for £305,000 in Feb 2020.
Read more about house prices in EC1.
Our network of Estate Agents report 1 let within a 154m radius of Flat 74, Rahere House, London over the last 2 years.
Most recently Flat 86, Chronicle Tower 261B, City Road, London, EC1V 1AL, a Leasehold flat let by Fine Living for an undisclosed amount in Mar 2024.
Central Street, London, EC1 has a total of 471 addresses. According to our analysis of all the public data, Flat 74, Rahere House, London is the 361st largest and the 421st most expensive property on the street.
When compared to the postcode district it is £323k less expensive than the average property in EC1.
Flat 74, Rahere House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2022.
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 74, Rahere House, London is Old Street station which is 700 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 74, Rahere House, London, 72.6% of property is socially rented and 15.7% 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 74, Rahere House, London, 21.0% of residents are recorded as possessing school level qualifications and 37.0% 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 74, Rahere 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 74, Rahere House, 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 74, Rahere House, 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.