According to the public record, 87A , Lower Clapton Road, London is a period leasehold apartment and with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 87, Lower Clapton Road, London, E5.
Lower Clapton Road, London, E5 is located in the borough of Hackney within the E5 postal district.
87A , Lower Clapton Road, London has 21 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated October 2020.
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 87A Lower Clapton Road London as £342,023 and the rental value as £1,717 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 87A Lower Clapton Road London has increased by £12,412 (3.6%) and its rental value has increased by £90 per month (5.3%).
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 87A , Lower Clapton Road, London is in very good condition we estimate a sale value of £359,124 and rental value of £1,803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,081 and a rental value of £1,597 per month.
If you were able to purchase this property for the estimated value of £342,023, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,681 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, 87A , Lower Clapton Road, London was last sold on 23 Aug 2023 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87A , Lower Clapton Road, London within a radius of 234m over the last 2 years.
The most recent example is Flat 6, 1B , Clarence Place, London, E5 8HY, a Leasehold flat which sold for £342,500 in Feb 2023.
Read more about house prices in E5.
Lower Clapton Road, London, E5 has a total of 537 addresses. According to our analysis of all the public data, 87A , Lower Clapton Road, London is the 403rd largest and the 477th most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in E5.
87A , Lower Clapton Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 87A , Lower Clapton Road, London is Hackney Central station which is 600 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 87A , Lower Clapton Road, London, 62.1% of property is privately rented and 16.1% 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 87A , Lower Clapton Road, London, 12.0% of residents are recorded as possessing school level qualifications and 66.1% 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 87A , Lower Clapton Road, London, the average age was 34.7 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 87A , Lower Clapton Road, 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 87A , Lower Clapton 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.