According to the public record, Flat A, 42, Penn Road, London is a period apartment with 1,528 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 42, Penn Road, London, N7.
Penn Road, London, N7 is located in the borough of Islington within the N7 postal district.
Flat A, 42, Penn Road, London has no records in the Land Registry database and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 A 42 Penn Road London as £1,228,892 and the rental value as £5,165 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat A 42 Penn Road London has increased by £34,816 (2.8%) and its rental value has increased by £413 per month (8.0%).
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 A, 42, Penn Road, London is in very good condition we estimate a sale value of £1,290,336 and rental value of £5,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,142,869 and a rental value of £4,803 per month.
If you were able to purchase this property for the estimated value of £1,228,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,040 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat A, 42, Penn Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Ground Floor Flat, 51, Penn Road, London, N7 9RE, a Leasehold flat which sold for £1,226,000 in Aug 2016.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Road, London, N7 has a total of 134 addresses. According to our analysis of all the public data, Flat A, 42, Penn Road, London is the 22nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £668k more expensive than the average property in N7.
Flat A, 42, Penn Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2019.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat A, 42, Penn Road, London is Holloway Road station which is 500 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 A, 42, Penn Road, London, 39.1% of property is privately rented and 22.5% 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 A, 42, Penn Road, London, 15.8% of residents are recorded as possessing school level qualifications and 61.4% 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 A, 42, Penn Road, 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 A, 42, Penn Road, London, 0.8% 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 A, 42, Penn Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.