According to the public record, 23, Watson Close, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 432 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Watson Close, London, N16 is located in the borough of Hackney within the N16 postal district.
23, Watson Close, London has a single entry in the Land Registry database from July 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Watson Close London as £287,072 and the rental value as £1,527 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 23 Watson Close London has increased by £4,224 (1.5%) and its rental value has increased by £100 per month (6.5%).
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 23, Watson Close, London is in very good condition we estimate a sale value of £301,425 and rental value of £1,604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,977 and a rental value of £1,420 per month.
If you were able to purchase this property for the estimated value of £287,072, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,411 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 HM Land Registry, 23, Watson Close, London was last sold on 06 Jul 2017 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Watson Close, London within a radius of 255m over the last 2 years.
The most recent example is Flat 45, Hathersage Court, Newington Green, London, N1 4RF, a Leasehold flat which sold for £280,000 in Sep 2021.
Read more about house prices in N16.
Watson Close, London, N16 has a total of 34 addresses. According to our analysis of all the public data, 23, Watson Close, London is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £379k less expensive than the average property in N16.
The closest station to 23, Watson Close, London is Dalston Kingsland station which is 700 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 23, Watson Close, London, 57.8% of property is socially rented and 18.1% 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 23, Watson Close, London, 29.2% of residents are recorded as possessing school level qualifications and 44.7% 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 23, Watson 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 23, Watson Close, London, 0.3% 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 23, Watson 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.