According to the public record, 3, Ormsby Place, London is a period freehold house with 1,022 ft2 of internal area and sits on a 65.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ormsby Place, London, N16 is located in the borough of Hackney within the N16 postal district.
3, Ormsby Place, London has a single entry in the Land Registry database from June 2016 and a single entry in the EPC database dated February 2015.
We combine this information with that 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 3 Ormsby Place London as £830,443 and the rental value as £4,166 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 3 Ormsby Place London has increased by £19,963 (2.4%) and its rental value has increased by £321 per month (7.7%).
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 3, Ormsby Place, London is in very good condition we estimate a sale value of £871,965 and rental value of £4,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £772,312 and a rental value of £3,875 per month.
If you were able to purchase this property for the estimated value of £830,443, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,081 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 data from HM Land Registry, 3, Ormsby Place, London sits on a plot of 65m2.
We have plot size data on 6 out of 9 other houses in the postcode and 3, Ormsby Place, London sits on the 6th largest plot.
According to HM Land Registry, 3, Ormsby Place, London was last sold on 30 Jun 2016 for £825,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2016, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ormsby Place, London within a radius of 290 metres over the last 2 years.
The most recent example is 1, Batley Place, London, N16 7NS, a Leasehold house which sold for £660,000 in Sep 2020.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormsby Place, London, N16 has a total of 11 addresses. According to our analysis of all the public data, 3, Ormsby Place, London is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £165k more expensive than the average property in N16.
3, Ormsby Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 3, Ormsby Place, London is Rectory Road station which is 400 metres 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 3, Ormsby Place, London, 62.2% of property is privately rented and 17.7% is socially 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 3, Ormsby Place, London, 16.6% of residents are recorded as possessing school level qualifications and 63.2% 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 3, Ormsby Place, 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 3, Ormsby Place, London, 1.5% 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 3, Ormsby Place, London, 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.