According to the public record, Flat 75, Niemann Court, London is a period leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Niemann Court, Louis Close, London, N7.
Louis Close, London, N7 is located in the borough of Islington within the N7 postal district.
Flat 75, Niemann Court, London has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated June 2022.
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 75 Niemann Court London as £597,419 and the rental value as £2,728 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 75 Niemann Court London has increased by £12,516 (2.1%) and its rental value has increased by £185 per month (6.8%).
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 75, Niemann Court, London is in very good condition we estimate a sale value of £627,289 and rental value of £2,864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,599 and a rental value of £2,537 per month.
If you were able to purchase this property for the estimated value of £597,419, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,936 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 75, Niemann Court, London was last sold on 29 Jul 2022 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2022, 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 75, Niemann Court, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat A, 12, Tabley Road, London, N7 0NQ, a Leasehold flat which sold for £582,000 in Sep 2023.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Louis Close, London, N7 has a total of 79 addresses. According to our analysis of all the public data, Flat 75, Niemann Court, London is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in N7.
Flat 75, Niemann Court, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 75, Niemann Court, London is Holloway Road station which is 800 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 75, Niemann Court, London, 60.2% of property is privately rented and 18.4% 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 75, Niemann Court, London, 15.5% of residents are recorded as possessing school level qualifications and 63.2% 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 75, Niemann Court, London, the average age was 35.7 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 75, Niemann Court, 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 75, Niemann Court, 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.