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In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 8, 81-89, Farringdon Road has an estimated sale value of £722,373 and an estimated rental value of £4,590 per month, assuming reasonable condition and based on the information available.
The apartment sits within 81-89, Farringdon Road, London, EC1.
Farringdon Road, London, EC1 lies in the borough of Camden, within the EC1 postal district.
Flat 8, 81-89, Farringdon Road has 21 entries in the Land Registry , most recently in May 2011 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 8, 81-89, Farringdon Road would be worth £758,492, with a potential rental value of £4,820 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £671,807, with a rental value of £4,269 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 8, 81-89, Farringdon Road has dropped by £2,570 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £276 (6.0%). The property's estimated gross yield is currently 7.6%.
Flat 8, 81-89, Farringdon Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Flat 8, 81-89, Farringdon Road last changed hands on 6th May 2011, selling for £575,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 23.0% since May 2011.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 8, 81-89, Farringdon Road across the last 2 years.
Most recently, Flat 10, Munro House 14, St. Cross Street, London, EC1N 8UN, a leasehold flat, sold at £940,000 on the 14th July 2023.
Read more about house prices in EC1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 8, 81-89, Farringdon Road as the 21st largest and the 52nd most expensive of the 224 addresses on Farringdon Road, London, EC1.
Against the EC1 postcode district average, it is £79k more expensive than the typical property.
Farringdon station is the nearest stop to Flat 8, 81-89, Farringdon Road at 200 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, 81-89, Farringdon Road, 51.7% of property is privately rented and 20.5% is socially rented.
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, 81-89, Farringdon Road, 17.6% of residents are recorded as possessing school level qualifications and 74.2% 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, 81-89, Farringdon Road, the average age was 37.5 and the most common age was 22.
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, 81-89, Farringdon Road, 3.7% 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, 81-89, Farringdon Road, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.