38A Canonbury Square, London, Islington, Greater London, N1 2AN

Terraced
4
1927 sq ft
-1%
PROPERTY VALUATION
£
Price change: -£20,000
Since last sold: February 2016
VALUATION RANGE
£2.39M - £2.57M
LOW OFFER | HIGH OFFER
Confidence: Medium
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £2.48M, we expect this property to be in very good condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

38A Canonbury Square, London is a 4 bedroom terraced house spread over 1,927 square feet - it is ranked as the 3rd most expensive property* in N1 2AN, with a valuation of £2,480,000.

Since it last sold in February 2016 for £2,500,000, its value has decreased by £20,000.

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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £2.39M and £2.57M.

  • The property turned out to be a amazing investment for the previous owner - returning on average 10.6% per annum.

  • 15 terraced houses have sold at an average price of £1,575,483 over the last 12 months (in the area coverring N1 2).

  • Built between 1930 and 1949, the property has sold 5 times over the last 29 years.

  • At a sale price of £2.48M, we expect this property to be in a similar condition to the neighbouring properties.
  • Most properties in the local area tend to sell within quite a small price range when using the cost per square foot as the valuation method - this property is within the normal expected price range for this area and it is why we think it is in a reasonable condition.
  • At a valuation of £2.48M it has a cost per square foot of £1,286, which is comparable with the average for properties for the area. The average cost per square foot for property in Canonbury Square is £1,253.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £2.42M. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£988k
Average house price:
£2.51M
Most expensive:
£5.99M
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-0.8%
This property has fallen in price by -0.8% since it last sold 8 years ago
1%
This property is 1% less expensive than average in Canonbury Square, N1 2AN

Sale history

The most paid for a property in Canonbury Square, N1 2AN was £3,250,000 in 2007.

Date Price Change
Today's value* £2,480,000 0.8%
19 Feb 2016 £2,500,000 93.1%
18 Aug 2009 £1,295,000 55.1%
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London, Islington, Greater London, N1 2AN
38A Canonbury Square, London is a 4 bedroom terraced house with 1,927 square feet of internal space built between 1930 and 1949.
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Valuation details

The most likely sale price is £2,480,000 but at the lower end we think it should fetch a minimum of £2,393,000.

On a cost per square foot basis, this property is valued at 3% more than the other houses in this road.

This property has decreased in price by £20,000 since it last sold in 2016 - this equates to a 0.1% fall each year.

If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (find out more here).

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,852,000.

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Investment Performance
Annual change: 10.6%

Was It A Good Investment?

The previous owner had the property for 6 years, having purchased it in August 2009 for £1,295,000.

During this time, the price rose by £1,205,000 (93.1%), which equates to it increasing in value by 10.6% each year.

The property turned out to be a amazing investment for the previous owner.

How does this property compare?

  • Most likely sale price: £2,480,000.
    • Offers likely to be accepted between £2,393,000 and £2,567,000.
    • Cost per squre foot: £1,287 (at a valuation of £2,480,000) - the average cost per square foot for this postcode is £0.
  • 4 bedroom freehold terraced house.
    • 1,927 square feet.
  • Property energy rating: 61.
    • A score of 100 is the best energy rating a property can be given.

The local market - N1 2AN

  • The average property price for this postcode is £2,509,000.
    • Prices here range from £988,000 to £5,988,000.
  • No properties have sold in N1 2AN over the last 5 years.
  • Canonbury Square has 4 postcodes associated with it.
    • The average price of property in Canonbury Square is £1,812,589.
    • Property in Canonbury Square typically sells for between £1,065 and £1,441 per square foot.
    • Properties in Canonbury Square are currently valued at an average cost per square foot of £1,253.

The property market across N1 2

  • The average price paid for a terraced house in the area N1 2 over the past year is £1.58M.
  • Terraced houses have been selling for £1,097 per square foot across N1 2.
  • 15 terraced houses have sold over the last 12 months (in the area coverring N1 2).
What does it cost to live in this area?

Valuation accuracy

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Working out a property's valuation can be tricky but we are here to help you get the information you need to know before putting in an offer.

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/01/2024 - this was released on the 28/02/2024.