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According to the public record, 6, Faraday Close is a mid-century freehold house with 957 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Faraday Close is £741,140 and the estimated rental value is £3,928 per month.
Faraday Close, London, N7 is located in the borough of Islington within the N7 postal district.
6, Faraday Close has 31 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated August 2012.
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 6, Faraday Close is in very good condition we estimate a sale value of £778,197 and a rental value of £4,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £689,260 and a rental value of £3,653 per month.
Over the last 12 months the sale value of 6 Faraday Close has decreased by an estimated £9,651 (1.3%) and its rental value has increased by an estimated £267 per month (6.8%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 6, Faraday Close sits on a plot of 142m2.
We have plot size data on 9 out of 11 other houses in the postcode and 6, Faraday Close sits on the largest plot.
6, Faraday Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2012.
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, 6, Faraday Close was last sold on 15th July 2021 for £900,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2021, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Faraday Close within a radius of 290 metres over the last 2 years.
The most recent example is 59, Cornelia Street, London, N7 8BA, a freehold house which sold for £961,000 on the 31st May 2024.
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, 6, Faraday Close is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £192k 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.
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