55B, Offord Road
55B, Offord Road
Description & Estimates
55B, Offord Road is recorded publicly as a period leasehold apartment across 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 55B, Offord Road is £698,463 and its rental estimate is £3,203 per month, given the available information and assuming reasonable condition.
55, Offord Road is a residential building on Offord Road, London, N1 and falls within the N1 postal district and the London Borough of Islington.
Our Data Sources
55B, Offord Road has 2 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 55B, Offord Road, we estimate a market value of £733,387 and a rental value of £3,363 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £649,571 and £2,979 per month respectively.
Recent Market Change
Over the last year, 55B, Offord Road has seen its estimated sale value drop by £19,853 (2.8%) and its estimated rental value rise by £206 per month (6.4%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
55B, Offord Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 55B, Offord Road completed on 8th May 2013 at £660,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.7% over the period since May 2013.
- Sold May 2013£660,000
- Sold Jul 2012£485,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55B, Offord Road have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th January 2024, was 51A , Offord Road, London, N1 1EA, a leasehold flat which sold for £425,000.
Read more about house prices in N1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 498 addresses on Offord Road, London, N1, 55B, Offord Road comes out as the 220th largest and the 216th most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the N1 district.
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Schools Nearby
- 400mThornhill Primary School
- 500mRobert Blair School and Children's Centre
- 500mSt Andrew's (Barnsbury) CofE Primary School
- 1.1kmElizabeth Garrett Anderson School
- 1.4kmCity of London Academy Highbury Grove
- 1.4kmCity of London Academy Islington
More reading links
Public Transport Nearby
From 55B, Offord Road, the nearest station is Caledonian Road & Barnsbury, 100 metres away.
- 100mCaledonian Road & Barnsbury
- 700mCaledonian Road
- 800mHighbury & Islington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
