According to the public record, Flat C, 121, Packington Street, London is a period leasehold apartment and with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 121, Packington Street, London, N1.
Packington Street, London, N1 is located in the borough of Islington within the N1 postal district.
Flat C, 121, Packington Street, London has 3 entries in the Land Registry database, most recently in September 2022 and 3 entries in the EPC database, most recently in July 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 C 121 Packington Street London as £619,647 and the rental value as £2,804 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat C 121 Packington Street London has decreased by £5,853 (0.9%) and its rental value has increased by £168 per month (6.0%).
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 C, 121, Packington Street, London is in very good condition we estimate a sale value of £650,629 and rental value of £2,944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,271 and a rental value of £2,608 per month.
If you were able to purchase this property for the estimated value of £619,647, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,045 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 C, 121, Packington Street, London was last sold on 09 Sep 2022 for £605,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, 121, Packington Street, London within a radius of 81m over the last 2 years.
The most recent example is Flat 7, 10, Prebend Street, London, N1 8PT, a Leasehold flat which sold for £662,500 in Nov 2023.
Read more about house prices in N1.
Packington Street, London, N1 has a total of 196 addresses. According to our analysis of all the public data, Flat C, 121, Packington Street, London is the 83rd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in N1.
Flat C, 121, Packington Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat C, 121, Packington Street, London is Essex Road station which is 500 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 C, 121, Packington Street, London, 43.5% of property is socially rented and 26.7% 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 C, 121, Packington Street, London, 17.2% of residents are recorded as possessing school level qualifications and 56.7% 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 C, 121, Packington Street, London, the average age was 36.3 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 C, 121, Packington 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 C, 121, Packington 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.