42, Lexington Apartments, 40 City Road, London, EC1Y 2AN is a leasehold flat built between 1996-2002. The property offers approximately 527 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £681,000 , which equates to approximately £1,291 per square foot. It was last sold on 25 Mar 2014 for £567,500. Since then, the value has increased by £113,500, representing a 20.0% increase, or approximately 1.7% per year.

The current estimated value of £681,000 is:

  • 49.8% lower than the average property price on City Road
  • 30.1% lower than the average in the EC1Y 2AN postcode area
  • and 18.5% lower than the average price for London as a whole

At the most recent EPC inspection on 24 July 2020, 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
527 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£681,000
Price Per sq ft (estimate)
£1,291
Bedroom Count (estimate)
1 bedroom

EPC Summary

42, Lexington Apartments, 40 City Road, London, Islington, Greater London Authority, EC1Y 2AN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Jul 2020.

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 14 May 2010. The rating of C remains the same, but the energy efficiency score improved by 14.3%.

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 system changed from electric immersion, standard tariff to from main system, with no change in energy efficiency (poor).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to EC1Y 2AN

83 rd / 91
Price Rank
30% lower than average
64 th / 72
Size Rank
35% smaller than average
56 th / 72
Price Per Sq FT Rank
8% higher than average

Compared to other properties in EC1Y 2AN , this flat's estimated value ranks 83th out of 91. Based on price per square foot, it ranks 56th 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 64th out of 72 properties in its postcode area.

Sale History

Today
£681,000
streetscan.co.uk estimate
+20 %
25 Mar 2014
£567,500
Leasehold
+575.6 %
25 Jan 1999
£84,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 592 sq ft
sale price: £610,000
sale date: 1 May 2024
rooms: 2
size: 560 sq ft
sale price: £625,000
sale date: 12 Jan 2018
rooms: 2
size: 519 sq ft
sale price: £355,000
sale date: 15 Jun 2011
rooms: 2
size: 549 sq ft
sale price: £377,500
sale date: 26 Feb 2010
rooms: 2
size: 549 sq ft
sale price: £380,000
sale date: 10 Oct 2006

Data Sources

The property at 42, Lexington Apartments, 40 City Road, London, EC1Y 2AN appears two times in the Land Registry records, with the latest transaction recorded on 25 Mar 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jul 2020. 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.