According to the public record, Flat 1, Newington Apartments, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Newington Apartments, Aden Grove, London, N16.
Aden Grove, London, N16 is located in the borough of Hackney within the N16 postal district.
Flat 1, Newington Apartments, London has a single entry in the Land Registry database from April 2017 and a single entry in the EPC database dated January 2017.
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 Newington Apartments London as £482,075 and the rental value as £2,052 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 Newington Apartments London has increased by £5,027 (1.0%) and its rental value has increased by £127 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 Flat 1, Newington Apartments, London is in very good condition we estimate a sale value of £506,179 and rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,330 and a rental value of £1,908 per month.
If you were able to purchase this property for the estimated value of £482,075, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,369 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, Newington Apartments, London was last sold on 21 Apr 2017 for £470,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2017, 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 Flat 1, Newington Apartments, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 3, Newington Apartments, Aden Grove, London, N16 9NJ, a Leasehold flat which sold for £507,100 in Sep 2021.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aden Grove, London, N16 has a total of 136 addresses. According to our analysis of all the public data, Flat 1, Newington Apartments, London is the 120th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in N16.
Flat 1, Newington Apartments, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, Newington Apartments, London is Canonbury station which is 700 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 Flat 1, Newington Apartments, London, 35.7% of property is privately owned with a mortgage and 23.3% 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, Newington Apartments, London, 20.9% of residents are recorded as possessing school level qualifications and 66.0% 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, Newington Apartments, London, the average age was 36.4 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, Newington Apartments, 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 Flat 1, Newington Apartments, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.