According to the public record, Flat 11, 16, Acer Road, London is a modern leasehold apartment and with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 16, Acer Road, London, E8.
Acer Road, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 11, 16, Acer Road, London has 2 entries in the Land Registry database, most recently in July 2017 and 2 entries in the EPC database, most recently in March 2022.
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 11 16 Acer Road London as £703,231 and the rental value as £3,482 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 11 16 Acer Road London has increased by £5,873 (0.8%) and its rental value has increased by £195 per month (5.6%).
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 11, 16, Acer Road, London is in very good condition we estimate a sale value of £738,393 and rental value of £3,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £654,005 and a rental value of £3,239 per month.
If you were able to purchase this property for the estimated value of £703,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,456 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 11, 16, Acer Road, London was last sold on 28 Jul 2017 for £840,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2017, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, 16, Acer Road, London within a radius of 286m over the last 2 years.
The most recent example is Flat 40, Zest House, Beechwood Road, London, E8 3FQ, a Leasehold flat which sold for £825,000 in Oct 2023.
Read more about house prices in E8.
Our network of Estate Agents report 1 let within a 6m radius of Flat 11, 16, Acer Road, London over the last 2 years.
Most recently 379, Queensbridge Road, London, E8 3LH, a Leasehold flat let by Fine Living for an undisclosed amount in Aug 2021.
Acer Road, London, E8 has a total of 50 addresses. According to our analysis of all the public data, Flat 11, 16, Acer Road, London is the 28th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in E8.
Flat 11, 16, Acer Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2022.
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 11, 16, Acer Road, London is Dalston Junction 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 11, 16, Acer Road, London, 37.5% of property is privately rented and 31.3% 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 11, 16, Acer Road, London, 14.7% 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 11, 16, Acer Road, 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 11, 16, Acer Road, London, 1.4% 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 11, 16, Acer Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.