According to the public record, Flat 4, 61, Lower Clapton Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 272 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 61, Lower Clapton Road, London, E5.
Lower Clapton Road, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 4, 61, Lower Clapton Road, London has a single entry in the Land Registry database from August 2018 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 4 61 Lower Clapton Road London as £262,732 and the rental value as £1,211 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 4 61 Lower Clapton Road London has increased by £9,534 (3.6%) and its rental value has increased by £64 per month (5.3%).
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 4, 61, Lower Clapton Road, London is in very good condition we estimate a sale value of £275,869 and rental value of £1,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,341 and a rental value of £1,126 per month.
If you were able to purchase this property for the estimated value of £262,732, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,291 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 4, 61, Lower Clapton Road, London was last sold on 15 Aug 2018 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 61, Lower Clapton Road, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 4, 65, Lower Clapton Road, London, E5 0NS, a Leasehold flat which sold for £170,000 in Sep 2018.
Read more about house prices in E5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Clapton Road, London, E5 has a total of 537 addresses. According to our analysis of all the public data, Flat 4, 61, Lower Clapton Road, London is the 497th largest and the 512th most expensive property on the street.
When compared to the postcode district it is £326k less expensive than the average property in E5.
The closest station to Flat 4, 61, Lower Clapton Road, London is Hackney Central station which is 400 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 4, 61, Lower Clapton Road, London, 62.1% of property is privately rented and 16.1% 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 4, 61, Lower Clapton Road, London, 12.0% of residents are recorded as possessing school level qualifications and 66.1% 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 4, 61, Lower Clapton Road, London, the average age was 34.7 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 4, 61, Lower Clapton Road, 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 4, 61, Lower Clapton Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.