According to the public record, Flat 9, Otium House 1A, London is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Otium House, Fox Lane, London, N13.
Fox Lane, London, N13 is located in the borough of Enfield within the N13 postal district.
Flat 9, Otium House 1A, London has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated July 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 good condition, we estimate the current sale value for Flat 9 Otium House 1A London as £515,815 and the rental value as £2,115 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 9 Otium House 1A London has decreased by £1,273 (0.2%) and its rental value has increased by £93 per month (4.4%).
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 9, Otium House 1A, London is in very good condition we estimate a sale value of £541,606 and rental value of £2,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,708 and a rental value of £1,967 per month.
If you were able to purchase this property for the estimated value of £515,815, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,535 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 9, Otium House 1A, London was last sold on 04 Aug 2023 for £520,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Otium House 1A, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 39, Otium House 1A, Fox Lane, London, N13 4ER, a Leasehold flat which sold for £470,000 in Aug 2023.
Read more about house prices in N13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fox Lane, London, N13 has a total of 350 addresses. According to our analysis of all the public data, Flat 9, Otium House 1A, London is the 161st largest and the 134th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in N13.
Flat 9, Otium House 1A, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jul 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 9, Otium House 1A, London is Palmers Green 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 9, Otium House 1A, London, 80.7% of property is privately rented and 10.5% is privately owned with a mortgage.
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 9, Otium House 1A, London, 24.0% of residents are recorded as possessing school level qualifications and 35.3% 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 9, Otium House 1A, London, the average age was 39.9 and the most common age was 42.
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 9, Otium House 1A, London, 0.2% 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 9, Otium House 1A, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.