According to the public record, Flat 8, Transenna Works 1, London is a modern leasehold apartment and with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Transenna Works, Laycock Street, London, N1.
Laycock Street, London, N1 is located in the borough of Islington within the N1 postal district.
Flat 8, Transenna Works 1, London has 31 entries in the Land Registry database, most recently in October 2012 and 2 entries in the EPC database, most recently in April 2021.
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 Transenna Works 1 London as £489,351 and the rental value as £2,376 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 8 Transenna Works 1 London has decreased by £170 (0.0%) and its rental value has increased by £149 per month (6.3%).
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, Transenna Works 1, London is in very good condition we estimate a sale value of £513,819 and rental value of £2,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,096 and a rental value of £2,209 per month.
If you were able to purchase this property for the estimated value of £489,351, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,405 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, Transenna Works 1, London was last sold on 16 Oct 2012 for £387,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2012, the market for similar properties has risen 36.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Transenna Works 1, London within a radius of 300m over the last 2 years.
The most recent example is 24, Legion Close, London, N1 1PJ, a Leasehold flat which sold for £424,000 in Jan 2022.
Read more about house prices in N1.
Laycock Street, London, N1 has a total of 59 addresses. According to our analysis of all the public data, Flat 8, Transenna Works 1, London is the 50th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in N1.
Flat 8, Transenna Works 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2021.
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, Transenna Works 1, London is Highbury & Islington 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, Transenna Works 1, London, 35.9% of property is privately rented and 22.7% 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 8, Transenna Works 1, London, 11.4% of residents are recorded as possessing school level qualifications and 72.7% 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, Transenna Works 1, London, the average age was 36.6 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, Transenna Works 1, London, 4.2% 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, Transenna Works 1, 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.