According to the public record, Flat 4, 8, New North Road, London is a modern leasehold apartment and with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, New North Road, London, N1.
New North Road, London, N1 is located in the borough of Hackney within the N1 postal district.
Flat 4, 8, New North Road, London has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated January 2014.
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 4 8 New North Road London as £420,179 and the rental value as £2,183 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 4 8 New North Road London has decreased by £262 (0.1%) and its rental value has increased by £140 per month (6.4%).
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, 8, New North Road, London is in very good condition we estimate a sale value of £441,188 and rental value of £2,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,766 and a rental value of £2,031 per month.
If you were able to purchase this property for the estimated value of £420,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,065 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, 8, New North Road, London was last sold on 13 May 2022 for £420,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 8, New North Road, London within a radius of 39m over the last 2 years.
The most recent example is Flat 2, 8, New North Road, London, N1 6JE, a Leasehold flat which sold for £400,000 in Oct 2023.
Read more about house prices in N1.
Our network of Estate Agents report 1 let within a 44m radius of Flat 4, 8, New North Road, London over the last 2 years.
Most recently 33B , New North Road, London, N1 6JB, a flat let by London Property Management for an undisclosed amount in Aug 2021.
New North Road, London, N1 has a total of 648 addresses. According to our analysis of all the public data, Flat 4, 8, New North Road, London is the 544th largest and the 477th most expensive property on the street.
When compared to the postcode district it is £316k less expensive than the average property in N1.
Flat 4, 8, New North Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, 8, New North Road, London is Hoxton station which is 600 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 4, 8, New North Road, London, 57.6% of property is socially rented and 30.2% 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 4, 8, New North Road, London, 23.8% of residents are recorded as possessing school level qualifications and 57.7% 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, 8, New North Road, London, the average age was 34.3 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 4, 8, New North Road, London, 0.4% 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, 8, New North Road, 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.