According to the public record, Flat 1, 55B, Norcott Road, London is a modern leasehold apartment and with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 55B, Norcott Road, London, N16.
Norcott Road, London, N16 is located in the borough of Hackney within the N16 postal district.
Flat 1, 55B, Norcott Road, London has a single entry in the Land Registry database from June 2010 and 2 entries in the EPC database, most recently in May 2021.
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 55B Norcott Road London as £629,202 and the rental value as £3,307 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 1 55B Norcott Road London has increased by £10,887 (1.7%) and its rental value has increased by £212 per month (6.4%).
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, 55B, Norcott Road, London is in very good condition we estimate a sale value of £660,662 and rental value of £3,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,158 and a rental value of £3,075 per month.
If you were able to purchase this property for the estimated value of £629,202, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,092 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, 55B, Norcott Road, London was last sold on 21 Jun 2010 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 78.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 55B, Norcott Road, London within a radius of 270m over the last 2 years.
The most recent example is 12C , Alkham Road, London, N16 7AA, a Leasehold flat which sold for £650,000 in Sep 2023.
Read more about house prices in N16.
Our network of Estate Agents report 1 let within a 180m radius of Flat 1, 55B, Norcott Road, London over the last 2 years.
Most recently 49C , Maury Road, London, N16 7BP, a Leasehold flat let by Fine Living for an undisclosed amount in Aug 2024.
Norcott Road, London, N16 has a total of 99 addresses. According to our analysis of all the public data, Flat 1, 55B, Norcott Road, London is the 41st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in N16.
Flat 1, 55B, Norcott Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2021.
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 Flat 1, 55B, Norcott 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 Flat 1, 55B, Norcott Road, London, 30.5% of property is privately rented and 28.1% 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 Flat 1, 55B, Norcott Road, London, 24.8% of residents are recorded as possessing school level qualifications and 63.3% 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, 55B, Norcott Road, London, the average age was 33.4 and the most common age was 27.
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, 55B, Norcott Road, London, 1.0% 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, 55B, Norcott 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.