According to the public record, 7, Selsea Place, London is a mid-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Selsea Place, London, N16 is located in the borough of Hackney within the N16 postal district.
7, Selsea Place, London has a single entry in the Land Registry database from December 2009 and a single entry in the EPC database dated July 2019.
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 7 Selsea Place London as £470,225 and the rental value as £2,533 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 7 Selsea Place London has increased by £6,390 (1.4%) and its rental value has increased by £157 per month (6.2%).
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 7, Selsea Place, London is in very good condition we estimate a sale value of £493,736 and rental value of £2,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,309 and a rental value of £2,355 per month.
If you were able to purchase this property for the estimated value of £470,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,311 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, 7, Selsea Place, London was last sold on 14 Dec 2009 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2009, the market for similar properties has risen 85.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Selsea Place, London within a radius of 250 metres over the last 2 years.
The most recent example is 7, Templeton Close, London, N16 8UY, a Leasehold flat which sold for £478,000 in Jan 2023.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selsea Place, London, N16 has a total of 71 addresses. According to our analysis of all the public data, 7, Selsea Place, London is the 22nd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in N16.
7, Selsea Place, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jul 2019.
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 7, Selsea Place, London is Dalston Kingsland station which is 300 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 7, Selsea Place, London, 46.1% of property is socially rented and 25.4% 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 7, Selsea Place, London, 15.0% of residents are recorded as possessing school level qualifications and 53.5% 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 7, Selsea 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 7, Selsea Place, London, 0.2% 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 7, Selsea Place, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.