According to the public record, Flat E, 8, Florence Street, London is a period leasehold apartment with 761 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Florence Street, London, N1.
Florence Street, London, N1 is located in the borough of Islington within the N1 postal district.
Flat E, 8, Florence Street, London has 51 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated May 2010.
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 E 8 Florence Street London as £808,538 and the rental value as £3,032 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat E 8 Florence Street London has decreased by £7,047 (0.9%) and its rental value has increased by £186 per month (6.1%).
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 E, 8, Florence Street, London is in very good condition we estimate a sale value of £848,964 and rental value of £3,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £751,940 and a rental value of £2,820 per month.
If you were able to purchase this property for the estimated value of £808,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,974 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 E, 8, Florence Street, London was last sold on 21 Aug 2020 for £755,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Aug 2020, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 8, Florence Street, London within a radius of 250 metres over the last 2 years.
The most recent example is 6A, Shillingford Street, London, N1 2DP, a Leasehold flat which sold for £913,750 in Nov 2023.
Read more about house prices in N1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Florence Street, London, N1 has a total of 90 addresses. According to our analysis of all the public data, Flat E, 8, Florence Street, London is the 72nd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in N1.
Flat E, 8, Florence Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat E, 8, Florence Street, London is Essex Road station which is 400 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 E, 8, Florence Street, London, 51.9% of property is privately rented and 17.5% 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 E, 8, Florence Street, London, 19.6% of residents are recorded as possessing school level qualifications and 70.6% 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 E, 8, Florence Street, London, the average age was 37.7 and the most common age was 32.
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 E, 8, Florence Street, London, 1.1% 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 E, 8, Florence Street, 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.