Second Floor Flat, 51
Second Floor Flat, 51
Description & Estimates
Second Floor Flat, 51, Penn Road appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 585 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Second Floor Flat, 51, Penn Road is £485,686 and its rental estimate is £2,214 per month, given the available information and assuming reasonable condition.
51, Penn Road is a residential building on Penn Road, London, N7 and falls within the N7 postal district and the London Borough of Islington.
Our Data Sources
Second Floor Flat, 51, Penn Road has a single entry in the Land Registry from October 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Second Floor Flat, 51, Penn Road, we estimate a market value of £509,971 and a rental value of £2,325 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £451,688 and £2,059 per month respectively.
Recent Market Change
Over the last year, Second Floor Flat, 51, Penn Road has seen its estimated sale value decrease by £11,953 (2.5%) and its estimated rental value grow by £144 per month (6.5%). This results in an estimated gross rental yield of 5.5%.
Sold Prices
The most recent sale of Second Floor Flat, 51, Penn Road completed on 5th October 2012 at £332,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 31.4% over the period since October 2012.
- Sold Oct 2012£332,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Second Floor Flat, 51, Penn Road have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2025, was 12B , Hillmarton Road, London, N7 9JW, a leasehold flat which sold for £600,000.
Read more about house prices in N7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 135 addresses on Penn Road, London, N7, Second Floor Flat, 51, Penn Road comes out as the 95th largest and the 92nd most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the N7 district.
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Schools Nearby
- 500mSacred Heart Catholic Primary School
- 600mGrafton Primary School
- 700mTufnell Park Primary School
- 700mLift Beacon High
- 1.3kmHighbury Fields School
- 1.3kmThe Camden School for Girls
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Public Transport Nearby
From Second Floor Flat, 51, Penn Road, the nearest station is Holloway Road, 500 metres away.
- 500mHolloway Road
- 500mCaledonian Road
- 1.0kmDrayton Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
