Flat 62, Terrace Apartments, 40 Drayton Park, London, N5 1PW is a leasehold flat built between 2007-2011. The property offers approximately 474 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £431,858 , which equates to approximately £912 per square foot. It was last sold on 3 Mar 2014 for £364,950. Since then, the value has increased by £66,908, representing a 18.3% increase, or approximately 1.6% per year.

The current estimated value of £431,858 is:

  • 25.0% lower than the average property price on Drayton Park
  • 7.2% lower than the average in the N5 1PW postcode area
  • and 50.7% 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 2024, the property was recorded as rented.

View sold house prices in N5 1PW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£431,858
Price Per sq ft (estimate)
£912
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 62, Terrace Apartments, 40 Drayton Park, London, Islington, Greater London, N5 1PW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 May 2024.

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 13 Nov 2013. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from very good to good, with the construction or insulation remaining system built, as built, insulated (assumed).
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to N5 1PW

37 th / 73
Price Rank
7% lower than average
35 th / 66
Size Rank
10% smaller than average
36 th / 66
Price Per Sq FT Rank
4% higher than average

Compared to other properties in N5 1PW , this flat's estimated value ranks 37th out of 73. Based on price per square foot, it ranks 36th out of 66 properties. In terms of size, this home ranks 35th out of 66 properties in its postcode area.

Sale History

Today
£431,858
streetscan.co.uk estimate
+18 %
3 Mar 2014
£364,950
Leasehold
+30.3 %
3 Apr 2008
£280,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £220,000
sale date: 5 Jul 2024
rooms: 2
size: 431 sq ft
sale price: £390,000
sale date: 8 Sep 2023
rooms: 2
size: 463 sq ft
sale price: £425,000
sale date: 23 Aug 2019
rooms: 2
size: 506 sq ft
sale price: £157,500
sale date: 29 Mar 2019
rooms: 2
size: 517 sq ft
sale price: £157,500
sale date: 15 Sep 2017

Data Sources

The property at Flat 62, Terrace Apartments, 40 Drayton Park, London, N5 1PW appears two times in the Land Registry records, with the latest transaction recorded on 3 Mar 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 May 2024. 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.