According to the public record, Basement Flat, 50, Northfield Road, London is a period leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 50, Northfield Road, London, N16.
Northfield Road, London, N16 is located in the borough of Hackney within the N16 postal district.
Basement Flat, 50, Northfield Road, London has 41 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated May 2015.
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 Basement Flat 50 Northfield Road London as £620,007 and the rental value as £3,060 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Basement Flat 50 Northfield Road London has increased by £16,922 (2.7%) and its rental value has increased by £222 per month (7.3%).
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 Basement Flat, 50, Northfield Road, London is in very good condition we estimate a sale value of £651,007 and rental value of £3,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,606 and a rental value of £2,846 per month.
If you were able to purchase this property for the estimated value of £620,007, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,047 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, Basement Flat, 50, Northfield Road, London was last sold on 28 Sep 2015 for £574,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2015, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 50, Northfield Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 9C , Cranwich Road, London, N16 5HZ, a Leasehold flat which sold for £515,000 in Oct 2023.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northfield Road, London, N16 has a total of 155 addresses. According to our analysis of all the public data, Basement Flat, 50, Northfield Road, London is the 74th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in N16.
Basement Flat, 50, Northfield Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2015.
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 Basement Flat, 50, Northfield Road, London is Stamford Hill station which is 200 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 Basement Flat, 50, Northfield Road, London, 48.5% of property is privately rented and 29.6% 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 Basement Flat, 50, Northfield Road, London, 37.3% of residents are recorded as possessing school level qualifications and 30.5% 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 Basement Flat, 50, Northfield Road, London, the average age was 29.2 and the most common age was 2.
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 Basement Flat, 50, Northfield Road, London, 0.6% 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 Basement Flat, 50, Northfield 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.