According to the public record, Flat 3, Marlowe House, London is a early-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and garden.
The apartment is in Marlowe House, Milton Garden Estate, London, N16.
Milton Garden Estate, London, N16 is located in the borough of Hackney within the N16 postal district.
Flat 3, Marlowe House, London has 31 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated June 2017.
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 Marlowe House London as £480,748 and the rental value as £2,535 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 Marlowe House London has increased by £9,482 (2.0%) and its rental value has increased by £183 per month (7.2%).
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, Marlowe House, London is in very good condition we estimate a sale value of £504,785 and rental value of £2,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,095 and a rental value of £2,357 per month.
If you were able to purchase this property for the estimated value of £480,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,363 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, Marlowe House, London was last sold on 02 Mar 2018 for £473,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2018, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Marlowe House, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 6, Marlowe House, Milton Garden Estate, London, N16 8TW, a Leasehold flat which sold for £440,000 in Jun 2021.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Garden Estate, London, N16 has a total of 122 addresses. According to our analysis of all the public data, Flat 3, Marlowe House, London is the 57th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in N16.
Flat 3, Marlowe House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2017.
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, Marlowe House, London is Dalston Kingsland station which is 700 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, Marlowe House, London, 61.9% of property is socially rented and 20.1% 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 3, Marlowe House, London, 11.1% of residents are recorded as possessing school level qualifications and 48.8% 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 3, Marlowe House, London, the average age was 36.4 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, Marlowe House, London, 0.0% 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, Marlowe 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.