Flat 16, The Factory, 1 Nile Street, London, N1 7LX is a leasehold flat built between 1900-1929. The property offers approximately 1,324 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,293,260 , which equates to approximately £977 per square foot. It was last sold on 25 Aug 1998 for £209,500. Since then, the value has increased by £1,083,760, representing a 517.3% increase, or approximately 18.9% per year.

The current estimated value of £1,293,260 is:

  • 13.0% lower than the average property price on Nile Street
  • 27.9% lower than the average in the N1 7LX postcode area
  • and 47.8% higher than the average price for London as a whole

View sold house prices in N1 7LX

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1324 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£1,293,260
Price Per sq ft (estimate)
£977
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 16, The Factory, 1 Nile Street, London, Hackney, Greater London Authority, N1 7LX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Oct 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 10 Sep 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The windows were upgraded from fully double glazed to single glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 10% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 10% of fixed outlets
Poor

Compared to N1 7LX

24 th / 29
Price Rank
28% lower than average
15 th / 23
Size Rank
20% smaller than average
20 th / 23
Price Per Sq FT Rank
10% lower than average

Compared to other properties in N1 7LX , this flat's estimated value ranks 24th out of 29. Based on price per square foot, it ranks 20th out of 23 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 15th out of 23 properties in its postcode area.

Sale History

Today
£1,293,260
streetscan.co.uk estimate
+517 %
25 Aug 1998
£209,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1507 sq ft
sale price: £1,300,000
sale date: 20 Dec 2021
rooms: 3
size: 1345 sq ft
sale price: £1,600,000
sale date: 29 Jun 2021
rooms: 2
size: 1324 sq ft
sale price: £1,406,000
sale date: 22 Aug 2016
rooms: 2
size: 1313 sq ft
sale price: £1,500,000
sale date: 4 Mar 2016
rooms: 2
size: 1335 sq ft
sale price: £1,360,000
sale date: 8 May 2015

Data Sources

The property at Flat 16, The Factory, 1 Nile Street, London, Hackney, Greater London Authority, N1 7LX appears once in the Land Registry records, with the transaction recorded on 25 Aug 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 2019. 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.