According to the public record, 5, Makinen House 49, Buckhurst Hill is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Makinen House, Palmerston Road, Buckhurst Hill, IG9.
Palmerston Road, Buckhurst Hill, IG9 is located in the borough of Epping Forest within the IG9 postal district.
5, Makinen House 49, Buckhurst Hill has a single entry in the Land Registry database from October 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Makinen House 49 Buckhurst Hill as £367,507 and the rental value as £1,914 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5 Makinen House 49 Buckhurst Hill has increased by £4,149 (1.1%) and its rental value has increased by £77 per month (4.0%).
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 5, Makinen House 49, Buckhurst Hill is in very good condition we estimate a sale value of £385,883 and rental value of £2,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,782 and a rental value of £1,780 per month.
If you were able to purchase this property for the estimated value of £367,507, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,806 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, 5, Makinen House 49, Buckhurst Hill was last sold on 26 Oct 2023 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Makinen House 49, Buckhurst Hill within a radius of 500 metres over the last 2 years.
The most recent example is Flat 4, Silvers 59-61, Palmerston Road, Buckhurst Hill, IG9 5NX, a Leasehold flat which sold for £387,500 in Jun 2024.
Read more about house prices in IG9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmerston Road, Buckhurst Hill, IG9 has a total of 298 addresses. According to our analysis of all the public data, 5, Makinen House 49, Buckhurst Hill is the 133rd largest and the 148th most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in IG9.
5, Makinen House 49, Buckhurst Hill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 5, Makinen House 49, Buckhurst Hill is Buckhurst Hill station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Makinen House 49, Buckhurst Hill, 45.0% of property is privately owned outright and 34.2% is privately owned with a mortgage.
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 5, Makinen House 49, Buckhurst Hill, 19.0% of residents are recorded as possessing school level qualifications and 44.4% 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 5, Makinen House 49, Buckhurst Hill, the average age was 41.1 and the most common age was 42.
The graph below shows how this compares to East of England 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 5, Makinen House 49, Buckhurst Hill, 2.0% of property was a second home.
Comparison figures for East of England 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 5, Makinen House 49, Buckhurst Hill, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.