Flat 24, 2 Wellesley Terrace, London, N1 7NA is a leasehold flat built in 2012 onwards. The property offers approximately 452 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £463,808 , which equates to approximately £1,026 per square foot. It was last sold on 23 Aug 2024 for £485,000. Since then, the value has decreased by £21,192, representing a 4.4% decrease, or approximately 3.4% per year.

The current estimated value of £463,808 is:

  • 48.0% lower than the average property price on Wellesley Terrace
  • 48.4% lower than the average in the N1 7NA postcode area
  • and 47.0% lower than the average price for London as a whole

At the most recent EPC inspection on 9 May 2023, the property was recorded as rented.

View sold house prices in N1 7NA

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£463,808
Price Per sq ft (estimate)
£1,026
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 24, 2 Wellesley Terrace, London, Hackney, Greater London, N1 7NA has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 May 2023.

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 fully double glazed.

The previous EPC assessment was conducted on 25 Mar 2013, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 1.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and underfloor heating, mains gas to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The roof construction or insulation changed from average thermal transmittance 0.25 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.25 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to N1 7NA

18 th / 21
Price Rank
48% lower than average
17 th / 19
Size Rank
46% smaller than average
10 th / 19
Price Per Sq FT Rank
5% lower than average

Compared to other properties in N1 7NA , this flat's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 10th out of 19 properties. In terms of size, this home ranks 17th out of 19 properties in its postcode area.

Sale History

Today
£463,808
streetscan.co.uk estimate
-4 %
23 Aug 2024
£485,000
Leasehold
+4.3 %
26 Mar 2015
£465,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 19, 2 Wellesley Terrace, London, N1 7NA
rooms: 2
size: 484 sq ft
sale price: £415,000
sale date: 8 Oct 2013
Flat 21, 2 Wellesley Terrace, London, N1 7NA
rooms: 2
size: 409 sq ft
sale price: £363,000
sale date: 16 Aug 2013
Flat 25, 2 Wellesley Terrace, London, N1 7NA
rooms: 2
size: 409 sq ft
sale price: £370,000
sale date: 16 Aug 2013

Data Sources

The property at Flat 24, 2 Wellesley Terrace, London, N1 7NA appears two times in the Land Registry records, with the latest transaction recorded on 23 Aug 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 May 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.
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