Flat 2, 2
Flat 2, 2
Description & Estimates
Flat 2, 2, Wellesley Terrace is described in the public record as a modern apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 2, 2, Wellesley Terrace is £582,970 and its rental estimate is £2,666 per month, given the available information and assuming reasonable condition.
2, Wellesley Terrace is a residential building on Wellesley Terrace, London, N1 and falls within the N1 postal district and the London Borough of Hackney.
Our Data Sources
Flat 2, 2, Wellesley Terrace has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 Flat 2, 2, Wellesley Terrace, we estimate a market value of £612,119 and a rental value of £2,800 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £542,162 and £2,480 per month respectively.
Recent Market Change
Over the last year, Flat 2, 2, Wellesley Terrace has seen its estimated sale value move down by £23,254 (4.0%) and its estimated rental value increase by £153 per month (5.7%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Flat 2, 2, Wellesley Terrace has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 2, Wellesley Terrace have sold within a radius of 200 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2024, was Flat 3, 2, Wellesley Terrace, London, N1 7NA, a leasehold flat which sold for £155,000.
Read more about house prices in N1.
- Sold Dec 2024£155,000 | 2 Bed Flat2, Wellesley TerraceFlat 3, 2, Wellesley Terrace, London, N1 7NA
- Sold Mar 2023£640,000 | 2 Bed FlatMerino Court 154, Lever StreetFlat 15, Merino Court 154, Lever Street, London, EC1V 8BG
- Sold Feb 2019£279,000 | 2 Bed Flat2, Wellesley TerraceFlat 7, 2, Wellesley Terrace, London, N1 7NA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Wellesley Terrace, London, N1, Flat 2, 2, Wellesley Terrace comes out as the 23rd largest and the 20th most expensive in our analysis of the public data.
It is also £165k less expensive than the average property across the N1 district.
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Schools Nearby
- 300mSt Luke's CofE Primary School
- 500mMoreland Primary School
- 500mThomas Fairchild Community School
- 600mCentral Foundation Boys' School
- 900mCity of London Academy Islington
- 1.4kmElizabeth Garrett Anderson School
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Public Transport Nearby
From Flat 2, 2, Wellesley Terrace, the nearest station is Old Street, 400 metres away.
- 400mOld Street
- 1.0kmBarbican
- 1.0kmAngel
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.
