Flat 1, 87
Flat 1, 87
Description & Estimates
Flat 1, 87, Leather Lane is recorded publicly as a period leasehold apartment across 1,571 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 87, Leather Lane is £1,423,760 and its rental estimate is £6,686 per month, given the available information and assuming reasonable condition.
87, Leather Lane is a residential building on Leather Lane, London, EC1 and falls within the EC1 postal district and the London Borough of Camden.
Our Data Sources
Flat 1, 87, Leather Lane has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated April 2024.
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.
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 Flat 1, 87, Leather Lane, we estimate a market value of £1,494,948 and a rental value of £7,020 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,324,097 and £6,218 per month respectively.
Recent Market Change
Over the last year, Flat 1, 87, Leather Lane has seen its estimated sale value fall by £6,155 (0.4%) and its estimated rental value move up by £398 per month (6.0%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 1, 87, Leather Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Apr 2024.
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 Flat 1, 87, Leather Lane completed on 1st July 2024 at £1,510,000 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 dropped by 4.7% over the period since July 2024.
- Sold Jul 2024£1,510,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 87, Leather Lane have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th October 2023, was 85A, Leather Lane, London, EC1N 7TS, a leasehold flat which sold for £1,575,000.
Read more about house prices in EC1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 280 addresses on Leather Lane, London, EC1, Flat 1, 87, Leather Lane comes out as the 2nd largest and the 12th most expensive in our analysis of the public data.
It is also £780k more expensive than the average property across the EC1 district.
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Schools Nearby
- 100mSt Alban's Church of England Primary School
- 200mChristopher Hatton Primary School
- 500mSt George the Martyr Church of England Primary School
- 1.3kmElizabeth Garrett Anderson School
- 1.7kmLondon Nautical, City of London Academy
- 1.7kmCentral Foundation Boys' School
More reading links
Public Transport Nearby
From Flat 1, 87, Leather Lane, the nearest station is Chancery Lane, 400 metres away.
- 400mChancery Lane
- 400mFarringdon
- 800mHolborn
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
