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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
2, Loam Lane is recorded publicly as a modern freehold house across 1,022 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Loam Lane is £1,037,926 and its rental estimate is £4,085 per month, given the available information and assuming reasonable condition.
Loam Lane, London, N4 falls within the N4 postal district, in the borough of Islington.
2, Loam Lane has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Loam Lane, we estimate a market value of £1,089,823 and a rental value of £4,289 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £965,271 and £3,799 per month respectively.
Over the last year, 2, Loam Lane has seen its estimated sale value move down by £21,483 (2.1%) and its estimated rental value increase by £228 per month (5.6%). This results in an estimated gross rental yield of 4.7%.
2, Loam Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
The most recent sale of 2, Loam Lane completed on 1st August 2023 at £1,085,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.1% over the period since August 2023.
Over the past 2 years 3 properties similar to 2, Loam Lane have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th April 2024, was 28, Bracey Street, London, N4 3BJ, a freehold house which sold for £860,000.
Read more about house prices in N4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 3 addresses on Loam Lane, London, N4, 2, Loam Lane comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £435k more expensive than the average property across the N4 district.
From 2, Loam Lane, the nearest station is Finsbury Park, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Loam Lane, 38.3% of property is privately rented and 34.2% is socially 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 2, Loam Lane, 13.5% of residents are recorded as possessing school level qualifications and 54.8% 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 2, Loam Lane, the average age was 35.4 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 2, Loam Lane, 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 2, Loam Lane, 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.
