According to the public record, Flat 8, 1, Martha's Buildings, London is a mid-century leasehold apartment and with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 1, Martha's Buildings, London, EC1.
Martha's Buildings, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 8, 1, Martha's Buildings, London has 41 entries in the Land Registry database, most recently in December 2016 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 8 1 Martha's Buildings London as £972,902 and the rental value as £4,751 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 8 1 Martha's Buildings London has decreased by £14,087 (1.4%) and its rental value has increased by £196 per month (4.1%).
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 8, 1, Martha's Buildings, London is in very good condition we estimate a sale value of £1,021,547 and rental value of £4,988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £904,799 and a rental value of £4,418 per month.
If you were able to purchase this property for the estimated value of £972,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,782 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 8, 1, Martha's Buildings, London was last sold on 13 Dec 2016 for £900,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2016, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 1, Martha's Buildings, London within a radius of 173m over the last 2 years.
The most recent example is Flat 11, Imperial Hall 104-122 , City Road, London, EC1V 2NR, a Leasehold flat which sold for £700,000 in Jun 2021.
Read more about house prices in EC1.
Martha's Buildings, London, EC1 has a total of 10 addresses. According to our analysis of all the public data, Flat 8, 1, Martha's Buildings, London is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £309k more expensive than the average property in EC1.
Flat 8, 1, Martha's Buildings, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2024.
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 8, 1, Martha's Buildings, London is Old Street station which is 100 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 8, 1, Martha's Buildings, London, 41.5% of property is privately rented and 24.4% 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 8, 1, Martha's Buildings, London, 17.4% of residents are recorded as possessing school level qualifications and 61.5% 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 8, 1, Martha's Buildings, 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 8, 1, Martha's Buildings, London, 0.7% 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 8, 1, Martha's Buildings, 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.