According to the public record, Flat 2, Lea View House, London is a mid-century leasehold apartment and with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lea View House, Springfield, London, E5.
Springfield, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 2, Lea View House, London has 21 entries in the Land Registry database, most recently in September 2011 and 2 entries in the EPC database, most recently in January 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 2 Lea View House London as £492,334 and the rental value as £2,518 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 Lea View House London has increased by £8,635 (1.8%) and its rental value has increased by £99 per month (3.9%).
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, Lea View House, London is in very good condition we estimate a sale value of £516,951 and rental value of £2,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,871 and a rental value of £2,342 per month.
If you were able to purchase this property for the estimated value of £492,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,420 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, Lea View House, London was last sold on 19 Sep 2011 for £249,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2011, the market for similar properties has risen 87.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Lea View House, London within a radius of 0m over the last 2 years.
The most recent example is Flat 213, Lea View House, Springfield, London, E5 9EB, a Leasehold flat which sold for £302,000 in Apr 2014.
Read more about house prices in E5.
Springfield, London, E5 has a total of 310 addresses. According to our analysis of all the public data, Flat 2, Lea View House, London is the 24th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in E5.
Flat 2, Lea View House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 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 2, Lea View House, London is Clapton station which is 700 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, Lea View House, London, 70.4% of property is socially rented and 13.6% is privately 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, Lea View House, London, 32.2% of residents are recorded as possessing school level qualifications and 30.8% 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, Lea View House, London, the average age was 30.4 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, Lea View House, London, 0.3% 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, Lea View House, 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.