According to the public record, Flat 2, 9, West Bank, London is a period leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 9, West Bank, London, N16.
West Bank, London, N16 is located in the borough of Hackney within the N16 postal district.
Flat 2, 9, West Bank, London has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated August 2016.
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 9 West Bank London as £446,682 and the rental value as £2,374 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 2 9 West Bank London has increased by £8,908 (2.0%) and its rental value has increased by £163 per month (6.9%).
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, 9, West Bank, London is in very good condition we estimate a sale value of £469,017 and rental value of £2,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,415 and a rental value of £2,208 per month.
If you were able to purchase this property for the estimated value of £446,682, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,195 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, 9, West Bank, London was last sold on 18 Jul 2022 for £455,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 9, West Bank, London within a radius of 17m over the last 2 years.
The most recent example is Flat 3, 9, West Bank, London, N16 5DG, a Leasehold flat which sold for £381,000 in Jan 2024.
Read more about house prices in N16.
West Bank, London, N16 has a total of 133 addresses. According to our analysis of all the public data, Flat 2, 9, West Bank, London is the 84th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in N16.
Flat 2, 9, West Bank, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 9, West Bank, London is Stamford Hill station which is 200 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, 9, West Bank, London, 58.2% of property is privately rented and 17.0% 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 2, 9, West Bank, London, 26.8% of residents are recorded as possessing school level qualifications and 40.7% 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, 9, West Bank, London, the average age was 29.9 and the most common age was 2.
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, 9, West Bank, 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, 9, West Bank, 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.