Flat 11, 11-12
Flat 11, 11-12
Description & Estimates
Flat 11, 11-12, West Smithfield is recorded publicly as a period leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 11, 11-12, West Smithfield is £618,126 and its rental estimate is £3,282 per month, given the available information and assuming reasonable condition.
11, West Smithfield is a residential building on West Smithfield, London, EC1 and falls within the EC1 postal district and the London Borough of City and County of the City of London.
Our Data Sources
Flat 11, 11-12, West Smithfield has 21 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated April 2016.
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.
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 11, 11-12, West Smithfield, we estimate a market value of £649,032 and a rental value of £3,446 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £574,857 and £3,052 per month respectively.
Recent Market Change
Over the last year, Flat 11, 11-12, West Smithfield has seen its estimated sale value decrease by £8,944 (1.4%) and its estimated rental value grow by £182 per month (5.5%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 11, 11-12, West Smithfield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 11, 11-12, West Smithfield completed on 25th September 2020 at £640,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 27.3% over the period since September 2020.
- Sold Sep 2020£640,000
- Sold Aug 2002£305,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 11, 11-12, West Smithfield have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2024, was Apartment 314, 10, Hosier Lane, London, EC1A 9LS, a leasehold flat which sold for £420,000.
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 145 addresses on West Smithfield, London, EC1, Flat 11, 11-12, West Smithfield comes out as the 31st largest and the 33rd most expensive in our analysis of the public data.
It is also £26k less expensive than the average property across the EC1 district.
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Schools Nearby
- 700mSt Alban's Church of England Primary School
- 700mCity of London Primary Academy, Islington
- 700mPrior Weston Primary School and Children's Centre
- 1.3kmCentral Foundation Boys' School
- 1.4kmLondon Nautical, City of London Academy
- 1.8kmElizabeth Garrett Anderson School
More reading links
Public Transport Nearby
From Flat 11, 11-12, West Smithfield, the nearest station is Farringdon, 300 metres away.
- 300mFarringdon
- 400mBarbican
- 500mSt Paul's
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.
