According to the public record, 48A, Penshurst Road, London is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 48, Penshurst Road, London, E9.
Penshurst Road, London, E9 is located in the borough of Hackney within the E9 postal district.
48A, Penshurst Road, London has 31 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated December 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 48A Penshurst Road London as £486,076 and the rental value as £2,409 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 48A Penshurst Road London has increased by £2,842 (0.6%) and its rental value has increased by £92 per month (3.8%).
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 48A, Penshurst Road, London is in very good condition we estimate a sale value of £510,380 and rental value of £2,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,051 and a rental value of £2,240 per month.
If you were able to purchase this property for the estimated value of £486,076, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,389 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, 48A, Penshurst Road, London was last sold on 05 Feb 2024 for £660,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48A, Penshurst Road, London within a radius of 380 metres over the last 2 years.
The most recent example is Second Floor Flat, 84, Lauriston Road, London, E9 7HA, a Leasehold flat which sold for £366,400 in Jun 2021.
Read more about house prices in E9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penshurst Road, London, E9 has a total of 149 addresses. According to our analysis of all the public data, 48A, Penshurst Road, London is the 132nd largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in E9.
48A, Penshurst Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Dec 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 48A, Penshurst Road, London is Homerton 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 48A, Penshurst Road, London, 28.8% of property is privately owned with a mortgage and 28.8% is privately 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 48A, Penshurst Road, London, 22.3% of residents are recorded as possessing school level qualifications and 67.8% 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 48A, Penshurst Road, London, the average age was 36.9 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 48A, Penshurst Road, London, 2.7% 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 48A, Penshurst Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.