According to the public record, Ground Floor, 55, Steele Road, London is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 55, Steele Road, London, N17.
Steele Road, London, N17 is located in the borough of Haringey within the N17 postal district.
Ground Floor, 55, Steele Road, London has a single entry in the Land Registry database from January 2020 and a single entry in the EPC database dated September 2024.
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 Ground Floor 55 Steele Road London as £348,671 and the rental value as £1,903 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Ground Floor 55 Steele Road London has increased by £7,386 (2.1%) and its rental value has increased by £141 per month (7.4%).
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 Ground Floor, 55, Steele Road, London is in very good condition we estimate a sale value of £366,105 and rental value of £1,998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,264 and a rental value of £1,770 per month.
If you were able to purchase this property for the estimated value of £348,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,714 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, Ground Floor, 55, Steele Road, London was last sold on 24 Jan 2020 for £374,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2020, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor, 55, Steele Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Ground Floor Flat, 87, Napier Road, London, N17 6YQ, a Leasehold flat which sold for £365,000 in Mar 2023.
Read more about house prices in N17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Steele Road, London, N17 has a total of 90 addresses. According to our analysis of all the public data, Ground Floor, 55, Steele Road, London is the 88th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in N17.
The closest station to Ground Floor, 55, Steele Road, London is Bruce Grove 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 Ground Floor, 55, Steele Road, London, 49.7% of property is privately rented and 21.9% 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 Ground Floor, 55, Steele Road, London, 22.2% of residents are recorded as possessing school level qualifications and 39.6% 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 Ground Floor, 55, Steele Road, London, the average age was 36.9 and the most common age was 37.
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 Ground Floor, 55, Steele Road, London, 0.5% 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 Ground Floor, 55, Steele Road, 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.