Flat 3, Essence House, London has no records in the Land Registry database and a single entry in the EPC database dated August 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
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, Essence House, London is in very good condition we estimate a sale value of £502,277 and rental value of £2,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £444,874 and a rental value of £2,103 per month.
If you were able to purchase this property for the estimated value of £478,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,351 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Essence House, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 41, Essence House, Selsea Place, London, N16 8BE, a Leasehold flat which sold for £137,250 in Aug 2023.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selsea Place, London, N16 has a total of 71 addresses. According to our analysis of all the public data, Flat 3, Essence House, London is the 56th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in N16.
Flat 3, Essence House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
According to the public record, Flat 3, Essence House, London is a modern apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Essence House, Selsea Place, London, N16.
Selsea Place, London, N16 is located in the borough of Hackney within the N16 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 3 Essence House London as £478,359 and the rental value as £2,261 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 3 Essence House London has increased by £6,587 (1.4%) and its rental value has increased by £140 per month (6.2%).
The closest station to Flat 3, Essence House, London is Dalston Kingsland 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, Essence House, London, 46.1% of property is socially rented and 25.4% 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, Essence House, London, 15.0% of residents are recorded as possessing school level qualifications and 53.5% 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, Essence House, London, the average age was 35.9 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 3, Essence House, London, 0.2% 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, Essence House, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.