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Great Eastern Buildings Reading Lane

Name: Great Eastern Buildings, Reading Lane, London, E8
Address: Reading Lane, London, E8, E8 1FR

House Prices / London, Hackney, Reading Lane

Last update: Sep 2024

Great Eastern Buildings Reading Lane

House Prices / London, Hackney, Reading Lane

Last update: Sep 2024

Building Overview

of Great Eastern Buildings Reading Lane

Great Eastern Buildings, Reading Lane, London, E8 is a residential building located on Reading Lane, London, E8. It is the 2173rd largest building in the E8 area.

It contains 19 flats and the most common type of property is a modern flat built after 1980.

Flat 1, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Flat 2, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Flat 3, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Flat 4, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Flat 5, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Flat 6, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Flat 7, Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

Flat 8, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Flat 9, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

10 Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

11 Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

12 Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

13 Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

Flat 14, Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

Flat 15, Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

16 Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

17 Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

18 Great Eastern Buildings, Reading Lane, London, E8 1FR

3 bed modern flat

Unit 2, Great Eastern Buildings, Reading Lane, London, E8 1FR

2 bed modern flat

Average property prices

in E8 1FR

The average house value is £628,411. Sales values have increased in the last 12 months by 1.1% and Rental values have increased by 5.3%.

Property sale values range from £304,598 for a studio leasehold flat of 215 square feet and has no outside space to £1,419,860 for a leasehold flat, with 3 bedrooms split across 1,173 square feet of gross internal area and has no outside space.

Average £/ft² for properties in E8 1FR is £772/ft².

Properties achieve a rental yield of between 5.2% and 6.4%, and rental values range from £1,318 to £6,121 per month.

Sale value change

12 months

1.1%

Rental value change

12 months

5.3%

Recent sales

within Great Eastern Buildings, Reading Lane, London, E8

The last sale was 09 Jan 2023 for £268,000 and since then the market in the area as increased by 3.8%. The building has had a total of 4 sales since 1995.

Great Eastern Buildings, Reading Lane, London, E8 has seen 4 sales in the last three years and no sales in the last twelve months.

Flat 6, Great Eastern Buildings, Reading Lane, London, E8 1FR

£268,000

Jan-2023

Sold

Jan-2023

Flat 2, Great Eastern Buildings, Reading Lane, London, E8 1FR

£485,000

Dec-2022

Sold

Dec-2022

Flat 7, Great Eastern Buildings, Reading Lane, London, E8 1FR

£735,000

Oct-2022

Sold

Oct-2022

11 Great Eastern Buildings, Reading Lane, London, E8 1FR

£970,000

Aug-2022

Sold

Aug-2022

Property types

in Great Eastern Buildings, Reading Lane, London, E8

Great Eastern Buildings, Reading Lane, London, E8 is a residential building located on Reading Lane, London, E8 with 19 flats.

The most common property type in Great Eastern Buildings, Reading Lane, London, E8 is a modern flat built after 1980.

modern flat (19)

Energy Efficiency

of properties within Great Eastern Buildings, Reading Lane, London, E8

The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)

E (1)

B (18)

F (0)

C (28)

G (0)

D (0)

No EPC (9)

Schools nearby

to Great Eastern Buildings, Reading Lane, London, E8

The nearest primary school to Great Eastern Buildings, Reading Lane, London, E8 is Gayhurst Community School which is 400 m away and is rated Outstanding by Ofsted.

400 m

Gayhurst Community School

Outstanding

600 m

Mossbourne Parkside Academy

Good

600 m

Morningside Primary School

Outstanding

The nearest secondary school is The Urswick School - A Church of England Secondary School which is 300 m away and is rated Good by Ofsted.

300 m

The Urswick School - A Church of England Secondary School

Good

800 m

Mossbourne Community Academy

Outstanding

800 m

The City Academy, Hackney

Good

Source: Ofsted (2016)

Public transport nearby

to Great Eastern Buildings, Reading Lane, London, E8

The closest station to Great Eastern Buildings, Reading Lane, London, E8 is Hackney Central station which is 300 m away.

400 m

London Fields

400 m

Hackney Central

500 m

Hackney Downs

Source: TFL & National Rail

Risk of flooding

for Great Eastern Buildings, Reading Lane, London, E8

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded whether a resident owned or rented their home.

In the area around Great Eastern Buildings, Reading Lane, London, E8, 30.7% of property is privately rented and 28.2% is privately owned with a mortgage.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Great Eastern Buildings, Reading Lane, London, E8, 11.6% of residents are recorded as possessing school level qualifications and 71.7% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Great Eastern Buildings, Reading Lane, London, E8

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Great Eastern Buildings, Reading Lane, London, E8, the average age was 34.7 and the most common age was 32.

This area:

Greater London:

England & Wales:

Age distribution

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Great Eastern Buildings, Reading Lane, London, E8, 2.2% of property was a second home.

Comparison figures for Greater London and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded the number of cars registered in each household.

In the area around Great Eastern Buildings, Reading Lane, London, E8, there are an average of 0.3 cars per household.

See below for how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

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Risk of flooding

for Great Eastern Buildings, Reading Lane, London, E8

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded whether a resident owned or rented their home.

In the area around Great Eastern Buildings, Reading Lane, London, E8, 30.7% of property is privately rented and 28.2% is privately owned with a mortgage.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Great Eastern Buildings, Reading Lane, London, E8, 11.6% of residents are recorded as possessing school level qualifications and 71.7% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Great Eastern Buildings, Reading Lane, London, E8

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Great Eastern Buildings, Reading Lane, London, E8, the average age was 34.7 and the most common age was 32.

This area:

Greater London:

England & Wales:

Age distribution

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Great Eastern Buildings, Reading Lane, London, E8, 2.2% of property was a second home.

Comparison figures for Greater London and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Great Eastern Buildings, Reading Lane, London, E8

The recent census recorded the number of cars registered in each household.

In the area around Great Eastern Buildings, Reading Lane, London, E8, there are an average of 0.3 cars per household.

See below for how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)