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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Upper Flat, 47, Loraine Road is described in the public record as a period apartment with 1,194 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Upper Flat, 47, Loraine Road is £845,480 and its rental estimate is £3,646 per month, given the available information and assuming reasonable condition.
47, Loraine Road is a residential building on Loraine Road, London, N7 and falls within the N7 postal district and the London Borough of Islington.
Upper Flat, 47, Loraine Road has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
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.
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 Upper Flat, 47, Loraine Road, we estimate a market value of £887,754 and a rental value of £3,828 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £786,296 and £3,391 per month respectively.
Over the last year, Upper Flat, 47, Loraine Road has seen its estimated sale value move down by £25,124 (3.0%) and its estimated rental value increase by £199 per month (5.5%). This results in an estimated gross rental yield of 5.2%.
Upper Flat, 47, Loraine Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Upper Flat, 47, Loraine Road have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2023, was Flat B, 22, Loraine Road, London, N7 6EZ, a leasehold flat which sold for £810,000.
Read more about house prices in N7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 129 addresses on Loraine Road, London, N7, Upper Flat, 47, Loraine Road comes out as the 15th largest and the 13th most expensive in our analysis of the public data.
It is also £296k more expensive than the average property across the N7 district.
From Upper Flat, 47, Loraine Road, the nearest station is Holloway Road, 300 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Upper Flat, 47, Loraine Road, 40.7% of property is privately rented and 30.9% 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 Upper Flat, 47, Loraine Road, 14.9% of residents are recorded as possessing school level qualifications and 60.5% 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 Upper Flat, 47, Loraine Road, the average age was 34.1 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 Upper Flat, 47, Loraine Road, 2.7% 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 Upper Flat, 47, Loraine Road, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
