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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
21, Drovers Way is recorded publicly as a modern leasehold apartment across 828 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 21, Drovers Way is £325,661 and its rental estimate is £1,870 per month, given the available information and assuming reasonable condition.
Drovers Way, London, N7 falls within the N7 postal district, in the borough of Islington.
21, Drovers Way has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 21, Drovers Way, we estimate a market value of £341,944 and a rental value of £1,963 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £302,865 and £1,739 per month respectively.
Over the last year, 21, Drovers Way has seen its estimated sale value drop by £9,677 (3.0%) and its estimated rental value rise by £102 per month (5.5%). This results in an estimated gross rental yield of 6.9%.
21, Drovers Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jul 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 21, Drovers Way completed on 21st January 2019 at £551,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 33.9% over the period since January 2019.
Over the past 2 years 3 properties similar to 21, Drovers Way have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th January 2024, was 10, Mary Tealby Apartments 4, Goodinge Road, London, N7 9GZ, a leasehold flat which sold for £162,500.
Read more about house prices in N7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 69 addresses on Drovers Way, London, N7, 21, Drovers Way comes out as the 22nd largest and the 22nd most expensive in our analysis of the public data.
It is also £224k less expensive than the average property across the N7 district.
From 21, Drovers Way, the nearest station is Caledonian Road, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 21, Drovers Way, 48.1% of property is socially rented and 35.9% is privately 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 21, Drovers Way, 28.1% of residents are recorded as possessing school level qualifications and 47.0% 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 21, Drovers Way, the average age was 34.5 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 21, Drovers Way, 0.2% 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 21, Drovers Way, 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.
