According to the public record, Flat A, 7, Hercules Street, London is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Hercules Street, London, N7.
Hercules Street, London, N7 is located in the borough of Islington within the N7 postal district.
Flat A, 7, Hercules Street, London has a single entry in the Land Registry database from October 2008 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 reasonable condition, we estimate the current sale value for Flat A 7 Hercules Street London as £351,542 and the rental value as £1,953 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat A 7 Hercules Street London has increased by £6,727 (1.9%) and its rental value has increased by £125 per month (6.4%).
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 A, 7, Hercules Street, London is in very good condition we estimate a sale value of £369,119 and rental value of £2,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,934 and a rental value of £1,816 per month.
If you were able to purchase this property for the estimated value of £351,542, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,728 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 A, 7, Hercules Street, London was last sold on 31 Oct 2008 for £153,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 79.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 7, Hercules Street, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 334, The Beaux Arts Building 10-18, Manor Gardens, London, N7 6JS, a Leasehold flat which sold for £405,000 in Jun 2021.
Read more about house prices in N7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hercules Street, London, N7 has a total of 57 addresses. According to our analysis of all the public data, Flat A, 7, Hercules Street, London is the 38th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in N7.
Flat A, 7, Hercules Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2022.
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 A, 7, Hercules Street, London is Upper Holloway station which is 800 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, 7, Hercules Street, London, 49.2% of property is privately rented and 23.1% 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, 7, Hercules Street, London, 16.0% of residents are recorded as possessing school level qualifications and 58.4% 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, 7, Hercules Street, London, the average age was 35 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, 7, Hercules Street, 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 A, 7, Hercules Street, 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.