According to the public record, 55B, Mortimer Road, London is a period leasehold apartment and with 1,068 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 55, Mortimer Road, London, N1.
Mortimer Road, London, N1 is located in the borough of Hackney within the N1 postal district.
55B, Mortimer Road, London has a single entry in the Land Registry database from February 2007 and a single entry in the EPC database dated November 2008.
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 55B Mortimer Road London as £674,968 and the rental value as £3,288 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 55B Mortimer Road London has increased by £250 (0.0%) and its rental value has increased by £189 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 55B, Mortimer Road, London is in very good condition we estimate a sale value of £708,716 and rental value of £3,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £627,720 and a rental value of £3,058 per month.
If you were able to purchase this property for the estimated value of £674,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,317 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, 55B, Mortimer Road, London was last sold on 09 Feb 2007 for £370,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 83.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55B, Mortimer Road, London within a radius of 159m over the last 2 years.
The most recent example is 48B , Mortimer Road, London, N1 5AP, a Leasehold flat which sold for £715,000 in Dec 2022.
Read more about house prices in N1.
Mortimer Road, London, N1 has a total of 128 addresses. According to our analysis of all the public data, 55B, Mortimer Road, London is the 45th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in N1.
55B, Mortimer Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2008.
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 55B, Mortimer Road, London is Haggerston station which is 300 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 55B, Mortimer Road, London, 29.6% of property is privately rented and 25.9% is socially 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 55B, Mortimer Road, London, 9.3% of residents are recorded as possessing school level qualifications and 69.0% 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 55B, Mortimer Road, London, the average age was 37 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 55B, Mortimer Road, London, 2.5% 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 55B, Mortimer Road, 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.