According to the public record, Flat 3, 26, Hermon Hill, London is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 26, Hermon Hill, London, E11.
Hermon Hill, London, E11 is located in the borough of Redbridge within the E11 postal district.
Flat 3, 26, Hermon Hill, London has 51 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated September 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 3 26 Hermon Hill London as £369,503 and the rental value as £1,372 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 3 26 Hermon Hill London has increased by £7,073 (1.9%) and its rental value has increased by £50 per month (3.7%).
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 3, 26, Hermon Hill, London is in very good condition we estimate a sale value of £387,978 and rental value of £1,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,638 and a rental value of £1,276 per month.
If you were able to purchase this property for the estimated value of £369,503, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,816 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 3, 26, Hermon Hill, London was last sold on 07 Nov 2023 for £355,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 26, Hermon Hill, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat D, 38, Hermon Hill, London, E11 2AP, a Leasehold flat which sold for £425,000 in Sep 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermon Hill, London, E11 has a total of 350 addresses. According to our analysis of all the public data, Flat 3, 26, Hermon Hill, London is the 228th largest and the 236th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in E11.
Flat 3, 26, Hermon Hill, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2022.
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 3, 26, Hermon Hill, London is Snaresbrook station which is 200 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 3, 26, Hermon Hill, London, 58.9% of property is privately rented and 25.8% 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 3, 26, Hermon Hill, London, 5.8% of residents are recorded as possessing school level qualifications and 58.9% 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 3, 26, Hermon Hill, London, the average age was 41.5 and the most common age was 37.
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 3, 26, Hermon Hill, 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 3, 26, Hermon Hill, 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.