18, Lexington Apartments, 40 City Road, London, EC1Y 2AN is a leasehold flat built between 1996-2002. The property offers approximately 732 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £710,230 , which equates to approximately £970 per square foot. It was last sold on 18 Jan 2019 for £675,000. Since then, the value has increased by £35,230, representing a 5.2% increase, or approximately 0.8% per year.

The current estimated value of £710,230 is:

  • 47.7% lower than the average property price on City Road
  • 27.1% lower than the average in the EC1Y 2AN postcode area
  • and 15.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 15 September 2023, the property was recorded as owner-occupied.

View sold house prices in EC1Y 2AN

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£710,230
Price Per sq ft (estimate)
£970
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18, Lexington Apartments, 40 City Road, London, Islington, Greater London, EC1Y 2AN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Sep 2023.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Nov 2009. The rating of D remains the same, but the energy efficiency score improved by 16.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (boiler and radiators, electric).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as from main system.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from fully triple glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to EC1Y 2AN

75 th / 91
Price Rank
27% lower than average
47 th / 72
Size Rank
10% smaller than average
65 th / 72
Price Per Sq FT Rank
19% lower than average

Compared to other properties in EC1Y 2AN , this flat's estimated value ranks 75th out of 91. Based on price per square foot, it ranks 65th out of 72 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 47th out of 72 properties in its postcode area.

Sale History

Today
£710,230
streetscan.co.uk estimate
+5 %
18 Jan 2019
£675,000
Leasehold
+22.7 %
23 Aug 2012
£550,000
Leasehold
+15.2 %
6 May 2010
£477,500
Leasehold
+8.5 %
23 Jul 2008
£440,000
Leasehold
+137.8 %
6 Nov 1998
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £800,000
sale date: 19 Jul 2024
rooms: 3
size: 730 sq ft
sale price: £800,000
sale date: 31 Oct 2018
rooms: 2
size: 721 sq ft
sale price: £690,000
sale date: 31 May 2017
rooms: 3
size: 786 sq ft
sale price: £675,000
sale date: 2 Dec 2011
rooms: 3
size: 830 sq ft
sale price: £600,000
sale date: 12 Nov 2010

Data Sources

The property at 18, Lexington Apartments, 40 City Road, London, EC1Y 2AN appears five times in the Land Registry records, with the latest transaction recorded on 18 Jan 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Sep 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.