Flat 2, 48
Flat 2, 48
Description & Estimates
The public record describes Flat 2, 48, Old Street as a modern apartment with 904 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 48, Old Street has an estimated sale value of £562,381 and an estimated rental value of £3,016 per month, assuming reasonable condition and based on the information available.
The apartment sits within 48, Old Street, London, EC1.
Old Street, London, EC1 lies in the borough of Islington, within the EC1 postal district.
Our Data Sources
Flat 2, 48, Old Street has no records in the the Land Registry and a single entry in the EPC database dated February 2018.
We combine this information with public data 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
In very good condition, we estimate Flat 2, 48, Old Street would be worth £590,500, with a potential rental value of £3,167 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £523,015, with a rental value of £2,805 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 48, Old Street has fallen by £8,137 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £167 (5.5%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 2, 48, Old Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 200 metres of Flat 2, 48, Old Street across the last 2 years.
Most recently, Flat 2, 94, Banner Street, London, EC1Y 8JU, a leasehold flat, sold at £650,000 on the 12th July 2024.
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
Our analysis of the public data ranks Flat 2, 48, Old Street as the 88th largest and the 399th most expensive of the 601 addresses on Old Street, London, EC1.
Against the EC1 postcode district average, it is £81k less expensive than the typical property.
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Schools Nearby
- 100mCity of London Primary Academy, Islington
- 300mPrior Weston Primary School and Children's Centre
- 300mSt Peter and St Paul Catholic Primary School
- 700mCentral Foundation Boys' School
- 1.4kmCity of London Academy Islington
- 1.5kmElizabeth Garrett Anderson School
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Public Transport Nearby
Barbican station is the nearest stop to Flat 2, 48, Old Street at 400 metres away.
- 400mBarbican
- 600mOld Street
- 600mMoorgate
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
