3, Lexington Apartments, 40 City Road, London, EC1Y 2AN is a leasehold flat built between 1996-2002. The property offers approximately 893 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £785,974 , which equates to approximately £880 per square foot. It was last sold on 27 May 2005 for £354,000. Since then, the value has increased by £431,974, representing a 122.0% increase, or approximately 5.9% per year.

The current estimated value of £785,974 is:

  • 42.1% lower than the average property price on City Road
  • 19.3% lower than the average in the EC1Y 2AN postcode area
  • and 5.9% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 9 May 2022, the property was recorded as rented.

View sold house prices in EC1Y 2AN

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
893 sq ft
Tenure
Leasehold
Price (estimate)
£785,974
Price Per sq ft (estimate)
£880
Bedroom Count (estimate)
3 bedrooms

EPC Summary

3, Lexington Apartments, 40 City Road, London, Islington, Greater London, EC1Y 2AN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 May 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Sep 2011, and the property received the same rating of C with an unchanged energy efficiency score of 75.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to community scheme, improving energy efficiency from poor to good.
  • The hot water system was changed from from main system to community scheme, with its energy efficiency improving from poor to average.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to average.
  • The wall construction or insulation changed from cavity wall, with internal insulation to system built, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Average
Roof
Flat, insulated (assumed)
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to EC1Y 2AN

52 nd / 91
Price Rank
19% lower than average
24 th / 72
Size Rank
10% bigger than average
54 th / 72
Price Per Sq FT Rank
27% lower than average

Compared to other properties in EC1Y 2AN , this flat's estimated value ranks 52th out of 91. Based on price per square foot, it ranks 54th 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 24th out of 72 properties in its postcode area.

Sale History

Today
£785,974
streetscan.co.uk estimate
+122 %
27 May 2005
£354,000
Leasehold
+47.5 %
14 Dec 1998
£240,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £818,000
sale date: 3 Dec 2024
rooms: 3
size: 893 sq ft
sale price: £870,000
sale date: 29 May 2024
rooms: 3
size: 878 sq ft
sale price: £810,000
sale date: 21 Jul 2023
rooms: 3
size: 872 sq ft
sale price: £660,000
sale date: 28 Apr 2023
rooms: 3
size: 904 sq ft
sale price: £845,000
sale date: 14 Sep 2018

Data Sources

The property at 3, Lexington Apartments, 40 City Road, London, EC1Y 2AN appears two times in the Land Registry records, with the latest transaction recorded on 27 May 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 May 2022. 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.