According to the public record, 79, Albion Drive, London is a period freehold house and with 1,722 ft2 of internal area and sits on a 243 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Albion Drive, London, E8 is located in the borough of Hackney within the E8 postal district.
79, Albion Drive, London has 31 entries in the Land Registry database, most recently in October 2018 and 2 entries in the EPC database, most recently in March 2021.
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 79 Albion Drive London as £1,950,021 and the rental value as £8,142 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 79 Albion Drive London has increased by £25,052 (1.3%) and its rental value has increased by £469 per month (5.8%).
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 79, Albion Drive, London is in very good condition we estimate a sale value of £2,047,522 and rental value of £8,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,813,519 and a rental value of £7,572 per month.
If you were able to purchase this property for the estimated value of £1,950,021, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,584 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, 79, Albion Drive, London sits on a plot of 243m2.
We have plot size data on 11 out of 20 other houses in the postcode and 79, Albion Drive, London sits on the 12th largest plot.
According to HM Land Registry, 79, Albion Drive, London was last sold on 30 Oct 2018 for £1,375,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2018, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, Albion Drive, London within a radius of 180m over the last 2 years.
The most recent example is 3, Malvern Road, London, E8 3LT, a Freehold house which sold for £1,895,000 in Mar 2023.
Read more about house prices in E8.
Albion Drive, London, E8 has a total of 203 addresses. According to our analysis of all the public data, 79, Albion Drive, London is the 13th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £1.311m more expensive than the average property in E8.
79, Albion Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2021.
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 79, Albion Drive, London is London Fields station which is 500 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 79, Albion Drive, London, 56.1% of property is socially rented and 17.3% 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 79, Albion Drive, London, 30.9% of residents are recorded as possessing school level qualifications and 50.2% 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 79, Albion Drive, London, the average age was 35.8 and the most common age was 27.
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 79, Albion Drive, London, 0.5% 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 79, Albion Drive, 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.