According to the public record, Flat 3, Elm House, London is a early-century leasehold apartment and with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Elm House, Brooke Road, London, N16.
Brooke Road, London, N16 is located in the borough of Hackney within the N16 postal district.
Flat 3, Elm House, London has 21 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated July 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 3 Elm House London as £426,849 and the rental value as £2,257 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 Elm House London has increased by £9,536 (2.2%) and its rental value has increased by £156 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 3, Elm House, London is in very good condition we estimate a sale value of £448,191 and rental value of £2,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,969 and a rental value of £2,099 per month.
If you were able to purchase this property for the estimated value of £426,849, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,098 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, Elm House, London was last sold on 30 Oct 2023 for £405,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Elm House, London within a radius of 291m over the last 2 years.
The most recent example is 16, Briggeford Close, London, E5 8RE, a Leasehold flat which sold for £430,000 in Oct 2023.
Read more about house prices in N16.
Our network of Estate Agents report 1 let of a property similar to Flat 3, Elm House, London within a radius of 62m over the last 2 years.
Most recently 49C , Maury Road, London, N16 7BP, a Leasehold flat let by Fine Living for an undisclosed amount in Aug 2024.
Brooke Road, London, N16 has a total of 279 addresses. According to our analysis of all the public data, Flat 3, Elm House, London is the 158th largest and the 231st most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in N16.
Flat 3, Elm House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2016.
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 3, Elm House, London is Rectory Road station which is 300 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 3, Elm House, London, 38.0% of property is socially rented and 23.3% 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, Elm House, London, 24.2% of residents are recorded as possessing school level qualifications and 59.1% 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, Elm House, London, the average age was 33.4 and the most common age was 27.
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, Elm House, London, 1.0% 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 3, Elm 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.