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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 16, Faraday Close is a mid-century freehold house with 1,227 ft2 of internal area and sits on a 77.4 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Faraday Close is £870,521 and the estimated rental value is £4,672 per month.
Faraday Close, London, N7 is located in the borough of Islington within the N7 postal district.
16, Faraday Close has 41 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 16, Faraday Close is in very good condition we estimate a sale value of £914,047 and a rental value of £4,906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £809,585 and a rental value of £4,345 per month.
Over the last 12 months the sale value of 16 Faraday Close has decreased by an estimated £22,013 (2.5%) and its rental value has increased by an estimated £253 per month (5.4%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 16, Faraday Close sits on a plot of 77m2.
We have plot size data on 9 out of 11 other houses in the postcode and 16, Faraday Close sits on the 9th largest plot.
16, Faraday Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Faraday Close was last sold on 19th August 2022 for £830,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2022, the market for similar properties has risen 24.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Faraday Close within a radius of 290 metres over the last 2 years.
The most recent example is 25, Roman Way, London, N7 8XE, a freehold house which sold for £762,053 on the 19th December 2023.
Read more about house prices in N7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faraday Close, London, N7 has a total of 11 addresses. According to our analysis of all the public data, 16, Faraday Close is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £322k more expensive than the average property in N7.
The nearest school is Thornhill Primary School which is 515 metres away. The nearest train station is Caledonian Road & Barnsbury which is 200 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
