According to the public record, Flat 1, 5, Nimrod Passage, London is a period leasehold apartment and with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 5, Nimrod Passage, London, N1.
Nimrod Passage, London, N1 is located in the borough of Hackney within the N1 postal district.
Flat 1, 5, Nimrod Passage, London has a single entry in the Land Registry database from October 2009 and 3 entries in the EPC database, most recently in December 2018.
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 Flat 1 5 Nimrod Passage London as £484,692 and the rental value as £2,513 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 1 5 Nimrod Passage London has increased by £3,571 (0.7%) and its rental value has increased by £149 per month (5.9%).
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 Flat 1, 5, Nimrod Passage, London is in very good condition we estimate a sale value of £508,926 and rental value of £2,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,763 and a rental value of £2,337 per month.
If you were able to purchase this property for the estimated value of £484,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,382 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, Flat 1, 5, Nimrod Passage, London was last sold on 28 Oct 2009 for £205,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2009, the market for similar properties has risen 92.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 5, Nimrod Passage, London within a radius of 186m over the last 2 years.
The most recent example is Flat 57, Sledge Tower, Dalston Square, London, E8 3GT, a Leasehold flat which sold for £460,000 in Oct 2023.
Read more about house prices in N1.
Nimrod Passage, London, N1 has a total of 9 addresses. According to our analysis of all the public data, Flat 1, 5, Nimrod Passage, London is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in N1.
Flat 1, 5, Nimrod Passage, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 1, 5, Nimrod Passage, London is Dalston Junction station which is 100 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 Flat 1, 5, Nimrod Passage, London, 67.9% of property is privately rented and 23.5% 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 Flat 1, 5, Nimrod Passage, London, 8.1% of residents are recorded as possessing school level qualifications and 69.9% 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 Flat 1, 5, Nimrod Passage, 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 Flat 1, 5, Nimrod Passage, 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 Flat 1, 5, Nimrod Passage, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.