According to the public record, 416A, Hackney Road, London is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 416, Hackney Road, London, E2.
Hackney Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
416A, Hackney Road, London has 51 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated September 2013.
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 416A Hackney Road London as £463,698 and the rental value as £2,345 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 416A Hackney Road London has increased by £1,089 (0.2%) and its rental value has increased by £92 per month (3.9%).
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 416A, Hackney Road, London is in very good condition we estimate a sale value of £486,883 and rental value of £2,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,240 and a rental value of £2,181 per month.
If you were able to purchase this property for the estimated value of £463,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,279 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, 416A, Hackney Road, London was last sold on 02 Dec 2020 for £423,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2020, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 416A, Hackney Road, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 22, Cheverell House, Teale Street, London, E2 9BN, a Leasehold flat which sold for £530,000 in Sep 2023.
Read more about house prices in E2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hackney Road, London, E2 has a total of 747 addresses. According to our analysis of all the public data, 416A, Hackney Road, London is the 375th largest and the 428th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in E2.
416A, Hackney Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 416A, Hackney Road, London is Cambridge Heath 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 416A, Hackney Road, London, 55.0% of property is privately rented and 27.8% 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 416A, Hackney Road, London, 12.1% of residents are recorded as possessing school level qualifications and 78.9% 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 416A, Hackney Road, London, the average age was 33.1 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 416A, Hackney Road, London, 0.7% 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 416A, Hackney Road, 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.