According to the public record, 17, Cressington Close, London is a mid-century apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cressington Close, London, N16 is located in the borough of Hackney within the N16 postal district.
17, Cressington Close, London has no records in the Land Registry database and a single entry in the EPC database dated February 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Cressington Close London as £359,251 and the rental value as £1,945 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 17 Cressington Close London has increased by £4,968 (1.4%) and its rental value has increased by £125 per month (6.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Cressington Close, London is in very good condition we estimate a sale value of £377,214 and rental value of £2,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,104 and a rental value of £1,809 per month.
If you were able to purchase this property for the estimated value of £359,251, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,766 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Cressington Close, London within a radius of 211m over the last 2 years.
The most recent example is Flat 18, Congreve House, Mayville Estate, London, N16 8LH, a Leasehold flat which sold for £453,000 in Oct 2022.
Read more about house prices in N16.
Cressington Close, London, N16 has a total of 28 addresses. According to our analysis of all the public data, 17, Cressington Close, London is the 12th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £306k less expensive than the average property in N16.
17, Cressington Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 17, Cressington Close, London is Dalston Kingsland station which is 500 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Cressington Close, London, 34.0% of property is privately owned with a mortgage and 33.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 17, Cressington Close, London, 14.4% of residents are recorded as possessing school level qualifications and 66.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Cressington Close, London, the average age was 35.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 17, Cressington Close, London, 1.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 17, Cressington Close, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.