According to the public record, 1F, Dericote Street, London is a modern leasehold apartment and with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 1, Dericote Street, London, E8.
Dericote Street, London, E8 is located in the borough of Hackney within the E8 postal district.
1F, Dericote Street, London has 41 entries in the Land Registry database, most recently in October 2022 and 2 entries in the EPC database, most recently in March 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 1F Dericote Street London as £448,651 and the rental value as £1,948 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 1F Dericote Street London has increased by £3,170 (0.7%) and its rental value has increased by £96 per month (4.9%).
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 1F, Dericote Street, London is in very good condition we estimate a sale value of £471,084 and rental value of £2,046 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,246 and a rental value of £1,812 per month.
If you were able to purchase this property for the estimated value of £448,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,205 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, 1F, Dericote Street, London was last sold on 20 Oct 2022 for £420,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1F, Dericote Street, London within a radius of 289m over the last 2 years.
The most recent example is Flat 5, 105, Pritchards Road, London, E2 9AW, a Leasehold flat which sold for £460,000 in Jan 2023.
Read more about house prices in E8.
Dericote Street, London, E8 has a total of 28 addresses. According to our analysis of all the public data, 1F, Dericote Street, London is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in E8.
1F, Dericote Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 1F, Dericote Street, London is London Fields station which is 500 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 1F, Dericote Street, London, 67.0% of property is privately rented and 15.6% 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 1F, Dericote Street, London, 11.9% of residents are recorded as possessing school level qualifications and 74.4% 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 1F, Dericote Street, London, the average age was 34.5 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 1F, Dericote Street, London, 0.7% 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 1F, Dericote Street, 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.