Flat 8, 2
Flat 8, 2
Description & Estimates
According to the public record, Flat 8, 2, Wellesley Terrace is a modern apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, 2, Wellesley Terrace is £598,373 and the estimated rental value is £2,726 per month.
The apartment is within 2, Wellesley Terrace, London, N1.
Wellesley Terrace, London, N1 is located in the borough of Hackney within the N1 postal district.
Our Data Sources
Flat 8, 2, Wellesley Terrace has no records in the the Land Registry and a single entry in the EPC database dated March 2013.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 8, 2, Wellesley Terrace is in very good condition we estimate a sale value of £628,292 and a rental value of £2,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,487 and a rental value of £2,535 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 8, 2, Wellesley Terrace has declined by £23,868 (4.0%), while its estimated rental value has climbed by £156 per month (5.7%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
Flat 8, 2, Wellesley Terrace has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 2, Wellesley Terrace within a radius of 200 metres over the last 2 years.
The most recent example is Flat 3, 2, Wellesley Terrace, London, N1 7NA, a leasehold flat which sold for £155,000 on the 4th December 2024.
Read more about house prices in N1.
- Sold Dec 2024£155,000 | 2 Bed FlatFlat 3, 2, Wellesley Terrace, London, N1 7NAFlat 3, 2, Wellesley Terrace, London, N1 7NA
- Sold Jul 2024£605,000 | 2 Bed FlatFlat 14, 2, Wellesley Terrace, London, N1 7NAFlat 14, 2, Wellesley Terrace, London, N1 7NA
- Sold Feb 2019£279,000 | 2 Bed FlatFlat 7, 2, Wellesley Terrace, London, N1 7NAFlat 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
Wellesley Terrace, London, N1 has a total of 29 addresses. According to our analysis of all the public data, Flat 8, 2, Wellesley Terrace is the 18th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in N1.
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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
More reading links
Public Transport Nearby
The closest station to Flat 8, 2, Wellesley Terrace is Old Street station, which is 400 metres away.
- 400mOld Street
- 1.0kmBarbican
- 1.0kmAngel
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
