Flat 23, The Factory, 1 Nile Street, London, N1 7LX is a leasehold flat built between 1900-1929. The property offers approximately 2,540 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £3,057,143 , which equates to approximately £1,203 per square foot. It was last sold on 6 Nov 2020 for £3,200,000. Since then, the value has decreased by £142,857, representing a 4.5% decrease, or approximately 0.9% per year.

The current estimated value of £3,057,143 is:

  • 105.7% higher than the average property price on Nile Street
  • 70.4% higher than the average in the N1 7LX postcode area
  • and 249.3% higher 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 28 September 2020, the property was recorded as owner-occupied.

View sold house prices in N1 7LX

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
2540 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£3,057,143
Price Per sq ft (estimate)
£1,203
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Flat 23, The Factory, 1 Nile Street, London, Hackney, Greater London, N1 7LX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Sep 2020.

This property uses a gas boiler with underfloor heating as its main heating source. It is connected to mains gas. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Feb 2010, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 67.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and underfloor heating, mains gas).
  • The lighting was updated from low energy lighting in 75% of fixed outlets to low energy lighting in 52% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 52% of fixed outlets
Good

Compared to N1 7LX

1 st / 29
Price Rank
70% higher than average
3 rd / 23
Size Rank
53% bigger than average
5 th / 23
Price Per Sq FT Rank
11% higher than average

Compared to other properties in N1 7LX , this flat's estimated value ranks 1st out of 29. Based on price per square foot, it ranks 5th out of 23 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 3rd out of 23 properties in its postcode area.

Sale History

Today
£3,057,143
streetscan.co.uk estimate
-4 %
6 Nov 2020
£3,200,000
Leasehold
+18.5 %
5 Feb 2016
£2,700,000
Leasehold
+38.5 %
30 Apr 2010
£1,950,000
Leasehold
+105.3 %
29 Jan 2004
£950,000
Leasehold
+11.8 %
7 Dec 2001
£850,000
Leasehold
+106.6 %
26 Feb 1999
£411,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 2217 sq ft
sale price: £3,450,000
sale date: 27 Sep 2024
rooms: 4
size: 2669 sq ft
sale price: £2,050,000
sale date: 5 Dec 2018

Data Sources

The property at Flat 23, The Factory, 1 Nile Street, London, N1 7LX appears six times in the Land Registry records, with the latest transaction recorded on 6 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 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.