According to the public record, Flat 2, 12, Martello Street, London is a period leasehold apartment and with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and garden.
The apartment is in 12, Martello Street, London, E8.
Martello Street, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 2, 12, Martello Street, London has 51 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated October 2013.
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 2 12 Martello Street London as £842,945 and the rental value as £3,842 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 2 12 Martello Street London has increased by £13,173 (1.6%) and its rental value has increased by £217 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 2, 12, Martello Street, London is in very good condition we estimate a sale value of £885,092 and rental value of £4,034 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £783,939 and a rental value of £3,573 per month.
If you were able to purchase this property for the estimated value of £842,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,143 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 2, 12, Martello Street, London was last sold on 06 Aug 2019 for £850,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Aug 2019, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 12, Martello Street, London within a radius of 309m over the last 2 years.
The most recent example is 20C, Martello Street, London, E8 3PE, a Leasehold flat which sold for £750,000 in Oct 2023.
Read more about house prices in E8.
Martello Street, London, E8 has a total of 174 addresses. According to our analysis of all the public data, Flat 2, 12, Martello Street, London is the 7th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £204k more expensive than the average property in E8.
Flat 2, 12, Martello Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 2, 12, Martello Street, London is London Fields 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 2, 12, Martello Street, London, 42.7% of property is privately rented and 19.4% 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 2, 12, Martello Street, London, 11.7% of residents are recorded as possessing school level qualifications and 71.6% 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 2, 12, Martello 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 Flat 2, 12, Martello Street, London, 0.0% 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 2, 12, Martello 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.