According to the public record, 56B , Farleigh Road, London is a period leasehold apartment and with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 56, Farleigh Road, London, N16.
Farleigh Road, London, N16 is located in the borough of Hackney within the N16 postal district.
56B , Farleigh Road, London has 71 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated May 2019.
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 56B Farleigh Road London as £394,263 and the rental value as £1,877 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 56B Farleigh Road London has increased by £6,652 (1.7%) and its rental value has increased by £116 per month (6.2%).
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 56B , Farleigh Road, London is in very good condition we estimate a sale value of £413,976 and rental value of £1,970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,664 and a rental value of £1,745 per month.
If you were able to purchase this property for the estimated value of £394,263, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,938 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, 56B , Farleigh Road, London was last sold on 11 Sep 2019 for £385,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Sep 2019, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56B , Farleigh Road, London within a radius of 130m over the last 2 years.
The most recent example is 22D , Farleigh Road, London, N16 7TH, a Leasehold flat which sold for £400,000 in Dec 2022.
Read more about house prices in N16.
Farleigh Road, London, N16 has a total of 273 addresses. According to our analysis of all the public data, 56B , Farleigh Road, London is the 230th largest and the 233rd most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in N16.
56B , Farleigh Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2019.
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 56B , Farleigh Road, London is Rectory Road station which is 400 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 56B , Farleigh Road, London, 42.3% of property is socially rented and 26.0% 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 56B , Farleigh Road, London, 16.2% of residents are recorded as possessing school level qualifications and 64.5% 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 56B , Farleigh Road, London, the average age was 35.9 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 56B , Farleigh Road, London, 1.5% 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 56B , Farleigh Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.