According to the public record, Flat 8, Loraine Mansions, London is a period leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Loraine Mansions, Widdenham Road, London, N7.
Widdenham Road, London, N7 is located in the borough of Islington within the N7 postal district.
Flat 8, Loraine Mansions, London has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated March 2017.
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 Loraine Mansions London as £625,943 and the rental value as £3,058 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 8 Loraine Mansions London has increased by £14,614 (2.3%) and its rental value has increased by £228 per month (7.5%).
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 8, Loraine Mansions, London is in very good condition we estimate a sale value of £657,240 and rental value of £3,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,127 and a rental value of £2,844 per month.
If you were able to purchase this property for the estimated value of £625,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,076 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, Loraine Mansions, London was last sold on 30 Sep 2021 for £600,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Loraine Mansions, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 31, Loraine Mansions, Widdenham Road, London, N7 9SE, a Leasehold flat which sold for £640,000 in Jun 2024.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Widdenham Road, London, N7 has a total of 164 addresses. According to our analysis of all the public data, Flat 8, Loraine Mansions, London is the 58th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in N7.
Flat 8, Loraine Mansions, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 8, Loraine Mansions, London is Holloway Road station which is 300 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 8, Loraine Mansions, London, 52.5% of property is socially rented and 24.6% 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 8, Loraine Mansions, London, 12.8% of residents are recorded as possessing school level qualifications and 55.5% 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, Loraine Mansions, London, the average age was 34.1 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, Loraine Mansions, 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 8, Loraine Mansions, 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.