According to the public record, Flat 2, 172, Albion Road, London is a modern leasehold apartment with 424 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 172, Albion Road, London, N16.
Albion Road, London, N16 is located in the borough of Hackney within the N16 postal district.
Flat 2, 172, Albion Road, London has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated June 2009.
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 2 172 Albion Road London as £393,990 and the rental value as £1,749 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 2 172 Albion Road London has increased by £5,693 (1.4%) and its rental value has increased by £117 per month (6.7%).
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, 172, Albion Road, London is in very good condition we estimate a sale value of £413,690 and rental value of £1,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,411 and a rental value of £1,627 per month.
If you were able to purchase this property for the estimated value of £393,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,936 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, 172, Albion Road, London was last sold on 11 Apr 2022 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 172, Albion Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat C, 96-98 , Shakspeare Walk, London, N16 8TA, a Leasehold flat which sold for £360,000 in Sep 2023.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Road, London, N16 has a total of 704 addresses. According to our analysis of all the public data, Flat 2, 172, Albion Road, London is the 618th largest and the 567th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in N16.
Flat 2, 172, Albion Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 2, 172, Albion Road, London is Rectory Road station which is 900 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 2, 172, Albion Road, London, 34.6% of property is socially rented and 29.0% 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, 172, Albion Road, London, 19.8% of residents are recorded as possessing school level qualifications and 62.7% 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, 172, Albion Road, London, the average age was 35.6 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, 172, Albion Road, London, 0.5% 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 2, 172, Albion Road, 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.