According to the public record, Flat 2A, Elderfield Court, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 408 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Elderfield Court, Elderfield Road, London, E5.
Elderfield Road, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 2A, Elderfield Court, London has 3 entries in the Land Registry database, most recently in August 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2A Elderfield Court London as £384,968 and the rental value as £1,561 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 2A Elderfield Court London has increased by £12,780 (3.3%) and its rental value has increased by £71 per month (4.5%).
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 2A, Elderfield Court, London is in very good condition we estimate a sale value of £404,217 and rental value of £1,639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,020 and a rental value of £1,452 per month.
If you were able to purchase this property for the estimated value of £384,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,892 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 2A, Elderfield Court, London was last sold on 31 Aug 2023 for £312,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2A, Elderfield Court, London within a radius of 253m over the last 2 years.
The most recent example is Flat C, 92A , Chatsworth Road, London, E5 0LS, a Leasehold flat which sold for £350,000 in Apr 2024.
Read more about house prices in E5.
Elderfield Road, London, E5 has a total of 276 addresses. According to our analysis of all the public data, Flat 2A, Elderfield Court, London is the 259th largest and the 261st most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in E5.
The closest station to Flat 2A, Elderfield Court, London is Homerton station which is 1.0 km 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 2A, Elderfield Court, London, 40.7% of property is socially rented and 25.2% 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 2A, Elderfield Court, London, 18.1% of residents are recorded as possessing school level qualifications and 57.8% 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 2A, Elderfield Court, London, the average age was 36.4 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 2A, Elderfield Court, London, 1.5% 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 2A, Elderfield Court, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.