According to the public record, Second Floor Flat, 51, Elwood Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 51, Elwood Street, London, N5.
Elwood Street, London, N5 is located in the borough of Islington within the N5 postal district.
Second Floor Flat, 51, Elwood Street, London has a single entry in the Land Registry database from June 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Second Floor Flat 51 Elwood Street London as £596,261 and the rental value as £2,440 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Second Floor Flat 51 Elwood Street London has increased by £9,019 (1.5%) and its rental value has increased by £160 per month (6.5%).
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 Second Floor Flat, 51, Elwood Street, London is in very good condition we estimate a sale value of £626,074 and rental value of £2,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £554,522 and a rental value of £2,269 per month.
If you were able to purchase this property for the estimated value of £596,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,930 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, Second Floor Flat, 51, Elwood Street, London was last sold on 08 Jun 2022 for £510,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 51, Elwood Street, London within a radius of 168m over the last 2 years.
The most recent example is 211 Northstand Apartments, Highbury Stadium Square, London, N5 1FN, a Leasehold flat which sold for £470,000 in Mar 2024.
Read more about house prices in N5.
Elwood Street, London, N5 has a total of 156 addresses. According to our analysis of all the public data, Second Floor Flat, 51, Elwood Street, London is the 91st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in N5.
The closest station to Second Floor Flat, 51, Elwood Street, London is Arsenal station which is 300 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 Second Floor Flat, 51, Elwood Street, London, 48.8% of property is socially rented and 20.5% 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 Second Floor Flat, 51, Elwood Street, London, 25.3% of residents are recorded as possessing school level qualifications and 53.2% 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 Second Floor Flat, 51, Elwood Street, London, the average age was 35.3 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 Second Floor Flat, 51, Elwood 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 Second Floor Flat, 51, Elwood 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.