According to the public record, 62, Castlewood Road, London is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 661 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 62, Castlewood Road, London, N16.
Castlewood Road, London, N16 is located in the borough of Hackney within the N16 postal district.
62, Castlewood Road, London has 21 entries in the Land Registry database, most recently in October 2010 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 62 Castlewood Road London as £512,386 and the rental value as £2,516 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 62 Castlewood Road London has increased by £11,670 (2.3%) and its rental value has increased by £157 per month (6.3%).
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 62, Castlewood Road, London is in very good condition we estimate a sale value of £538,006 and rental value of £2,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £476,519 and a rental value of £2,340 per month.
If you were able to purchase this property for the estimated value of £512,386, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,518 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, 62, Castlewood Road, London was last sold on 29 Oct 2010 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2010, the market for similar properties has risen 89.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Castlewood Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 101A, Ravensdale Road, London, N16 6TH, a Leasehold flat which sold for £500,000 in Sep 2020.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlewood Road, London, N16 has a total of 202 addresses. According to our analysis of all the public data, 62, Castlewood Road, London is the 109th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in N16.
The closest station to 62, Castlewood Road, London is Stamford Hill station which is 800 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 62, Castlewood Road, London, 47.4% of property is privately rented and 30.3% 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 62, Castlewood Road, London, 31.2% of residents are recorded as possessing school level qualifications and 35.2% 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 62, Castlewood Road, London, the average age was 29.9 and the most common age was 2.
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 62, Castlewood Road, London, 0.0% 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 62, Castlewood Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.