Sold STC Flat

FLAT 32

NORTHPOINT HOUSE, 400, ESSEX ROAD, LONDON, GREATER LONDON N1 3GH

1 beds 1 baths 47 m² Listed 14 Nov 2024 (-626d)

£375,000

Reduced on 20 Jan 2025

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Property details

Tenure

LEASEHOLD (107 years remaining on lease)

Floor area

47 m²

Council tax band

D

Last sold

£362,000 Jun 2025

Local average

£642,159 (-41.6%)

Deprivation

Decile 2 (4,796 of 33,755)

Street crime

1726 incidents within 1 mile (May 2026)

Key features

  • Modern
  • Ground floor
  • Communal garden
  • 507 sq. ft.

Additional details

Electricity
Mains supply
Broadband
FTTP (fibre to the premises), ADSL copper wire, FTTC (fibre to the cabinet)
Water
Mains supply
Sewerage
Mains supply
Heating
Gas
Accessibility
No wheelchair access
Listed property
No
Restrictions
No
Flooded in last 5 years
No
Flood defences
No

Description

A fantastic one bedroom flat set within this well-maintained purpose built development. The property is positioned on the ground floor and boasts well-proportioned rooms throughout. Accommodation comprises of a good-sized double bedroom complete with inbuilt storage, bathroom and a superb open plan kitchen/living room creating the perfect entertaining space. The flat further benefits from secure entry system and bike storage.

Northpoint House is a small development which benefits from secure entry and is set on an exceptionally convenient location on Essex road. The flat is within easy reach of the restaurants, bars and boutique shops on Upper Street as well as being just moments from a terrific selection of restaurants and independent shops, including the iconic De Beauvoir Deli on Southgate Road. Transport to the City and Canary Wharf is easily facilitated by the overground services from Essex Road and various bus routes along Southgate road whilst the frequent buses on Essex Road provide easy access to the West End. Highbury and Islington station offers the closest underground service on the Victoria line whilst Angel station on the Northern line is also within easy reach. Kings Cross is only a couple of stops away and from here international links are facilitated from St Pancras.

*Any associated charges including, but not limited to, service charge, ground rent and sinking funds outlined in the marketing material is an approximation calculated using information provided by and described by the client at the time of instruction. The actual cost may be subject to change and therefore we recommend all interested parties carry out their own enquiries.*

Listed by

Islington

Winkworth

Reference: 154977218

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

81% since 2009

Event Date Price % change
Sold 12/06/2025 (1 year ago) £362,000 +31.6%
Sold 15/11/2012 (13 years ago) £275,000 +37.5%
Sold 30/06/2009 (17 years ago) £200,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
2 BUTE WALK, LONDON, ISLINGTON, GREATER LONDON, N1 2QX £550,000 27/11/2025 Flat
182B BALLS POND ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 4AA £630,000 06/10/2025 Flat
52 FLAT C OCKENDON ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3NW £341,000 27/03/2025 Flat
26 FLAT 2 RAMSEY WALK, LONDON, ISLINGTON, GREATER LONDON, N1 2PD £530,000 15/12/2023 Flat
27 FLAT 6 RAMSEY WALK, LONDON, ISLINGTON, GREATER LONDON, N1 2SQ £480,000 10/11/2023 Flat
51 FLAT B MITCHISON ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3NJ £923,421 24/07/2023 Flat
22A ST PAULS ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 2QN £780,250 26/05/2023 Flat
WESTCLIFF HOUSE 43 BAXTER ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3HS £465,865 10/03/2023 Flat
182B BALLS POND ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 4AA £550,000 20/12/2022 Flat
22 MITCHISON ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3NG £990,000 30/11/2022 Flat
422 ESSEX ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3PJ £595,000 15/11/2022 Flat
81A OCKENDON ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3NL £217,500 22/09/2022 Flat
25 FLAT 1 RAMSEY WALK, LONDON, ISLINGTON, GREATER LONDON, N1 2NJ £450,000 02/09/2022 Flat
WESTCLIFF HOUSE 39 BAXTER ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3HS £487,500 05/08/2022 Flat
72 FLAT C MARQUESS ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 2PX £650,000 24/06/2022 Flat
THE PINNACLE, 2 APARTMENT 11 DOVE ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3PL £410,000 22/06/2022 Flat
43B MITCHISON ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3NJ £850,000 30/05/2022 Flat
26 FLAT 6 RAMSEY WALK, LONDON, ISLINGTON, GREATER LONDON, N1 2PD £319,000 31/01/2022 Flat
Same street NORTHPOINT HOUSE, 400 FLAT 39 ESSEX ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3GH £475,000 10/01/2022 Other
WESTCLIFF HOUSE 16 BAXTER ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3HS £525,000 13/12/2021 Flat
5 FLAT 1 BALLS POND PLACE, LONDON, ISLINGTON, GREATER LONDON, N1 4BQ £665,000 10/12/2021 Flat
Same street NORTHPOINT HOUSE, 400 FLAT 17 ESSEX ROAD, LONDON, ISLINGTON, GREATER LONDON, N1 3GH £490,000 19/10/2021 Flat

Street average: £482,500 (2 sales)

Area average: £570,477 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -18.5%
10y growth 2%

House Price Index (HM Land Registry — official index, not sold-price averages): Islington. Series: Flats and maisonettes. As of April 2026.

1y (index) -6.1%
5y (index) -2.8%
10y (index) 1%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: CLARION HOUSING ASSOCIATION LIMITED (7686)

Rental Range

Estimated market rent for Islington. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,559/mo
Realistic £2,843/mo
Optimistic £3,127/mo

Based on Local Authority from postcode lookup → Islington.

LHA (30th percentile) floor for Inner East London: £1,436/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View N1 3GH

Address

400 Essex Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Essex Road / Marquess Road 0.0 miles
Bus stop St Paul's Road / Ramsey Walk 0.1 miles
Shop Unknown 0.1 miles
Shop Islington Pianos 0.1 miles
Train station Canonbury 0.3 miles
Train station Essex Road 0.5 miles
Hospital Moorfields at Hoxton 0.8 miles
University University of Wales Trinity Saint David London 0.9 miles
University Paris Dauphine University - London Campus 1.3 miles
Hospital Medlabs Diagnostics 2.0 miles

Street-level crime

Category Count
Anti-social behaviour 439
Violence and sexual offences 380
Theft from the person 180
Shoplifting 158
Other theft 129
Public order 105
Vehicle crime 80
Robbery 63
Burglary 62
Bicycle theft 53
Drugs 47
Other crime 15
Possession of weapons 10
Criminal damage and arson 5
Total incidents 1726

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Paul's Steiner School Other 0.1 miles Good — 7 May 2019
Our Lady and St Joseph Catholic Primary School Primary 0.3 miles Outstanding — 21 Nov 2023
St Jude and St Paul's CofE Primary School Primary 0.4 miles Good — 18 Dec 2014
The Children's House School Other 0.4 miles — (No rating)
Newington Green Primary School Primary 0.4 miles Outstanding — 11 Sep 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, De Beauvoir Place, N1 £2,300/mo 1 0.47 miles OpenRent
Studio Flat, Bradbury St, N16 £1,350/mo 1 0.52 miles OpenRent
1 Bed Flat, Balmes Road, N1 £2,200/mo 1 0.53 miles OpenRent

Average rent: £1,950/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.59%
Max investor price (0.8%) £275,000
Target investor price (1%) £220,000
Gross yield 7%
Cost-to-rent ratio 14.2×
Monthly cashflow £478/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).