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According to the public record, Flat 8, 6, Macclesfield Road is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, 6, Macclesfield Road is £353,984 and the estimated rental value is £1,973 per month.
The apartment is within 6, Macclesfield Road, London, EC1.
Macclesfield Road, London, EC1 is located in the borough of Islington within the EC1 postal district.
Flat 8, 6, Macclesfield Road has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated March 2023.
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.
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, 6, Macclesfield Road is in very good condition we estimate a sale value of £371,683 and a rental value of £2,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,205 and a rental value of £1,835 per month.
Over the last 12 months the sale value of Flat 8 6 Macclesfield Road has decreased by an estimated £3,082 (0.9%) and its rental value has increased by an estimated £108 per month (5.5%), giving an expected gross yield of 6.7%.
Flat 8, 6, Macclesfield Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 8, 6, Macclesfield Road was last sold on 1st August 2019 for £205,625 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 8, 6, Macclesfield Road within a radius of 170 metres over the last 2 years.
The most recent example is Flat 305, Canaletto Tower 257, City Road, London, EC1V 1AD, a leasehold flat which sold for £376,667 on the 22nd March 2016.
Read more about house prices in EC1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 170 metres radius of Flat 8, 6, Macclesfield Road over the last 2 years.
Most recently Flat 86, Chronicle Tower 261B, City Road, London, EC1V 1AL, a leasehold flat let by Fine Living in March 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Macclesfield Road, London, EC1 has a total of 154 addresses. According to our analysis of all the public data, Flat 8, 6, Macclesfield Road is the 154th largest and the 154th most expensive property on the street.
When compared to the postcode district it is £290k less expensive than the average property in EC1.
The closest station to Flat 8, 6, Macclesfield Road is Old Street station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, 6, Macclesfield Road, 46.0% of property is socially rented and 24.2% is shared ownership.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 8, 6, Macclesfield Road, 15.0% of residents are recorded as possessing school level qualifications and 56.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 8, 6, Macclesfield Road, the average age was 34.5 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 8, 6, Macclesfield Road, 0.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 8, 6, Macclesfield Road, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.