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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
According to the public record, 71, Drovers Way is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Drovers Way is £298,050 and the estimated rental value is £1,689 per month.
Drovers Way, London, N7 is located in the borough of Islington within the N7 postal district.
71, Drovers Way has a single entry in the Land Registry from March 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.
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 71, Drovers Way is in very good condition we estimate a sale value of £312,952 and a rental value of £1,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,186 and a rental value of £1,571 per month.
Over the past 12 months, the estimated sale value of 71, Drovers Way has declined by £7,335 (2.5%), while its estimated rental value has climbed by £110 per month (6.5%). Based on current estimates, the property offers a gross rental yield of 6.8%.
71, Drovers Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jul 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, 71, Drovers Way was last sold on 15th March 2019 for £203,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has risen by 27.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Drovers Way within a radius of 310 metres over the last 2 years.
The most recent example is Flat 21, Penfields House, York Way Estate, London, N7 9PZ, a leasehold flat which sold for £390,000 on the 10th September 2021.
Read more about house prices in N7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drovers Way, London, N7 has a total of 69 addresses. According to our analysis of all the public data, 71, Drovers Way is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in N7.
The closest station to 71, Drovers Way is Caledonian Road station, which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 71, 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 71, 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 71, 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 71, 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 71, 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.
