According to the public record, Flat 4, Victoria Chambers, London is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Victoria Chambers, Luke Street, London, EC2.
Luke Street, London, EC2 is located in the borough of Hackney within the EC2 postal district.
Flat 4, Victoria Chambers, London has 31 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated June 2024.
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 Victoria Chambers London as £479,585 and the rental value as £1,842 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 4 Victoria Chambers London has increased by £2,354 (0.5%) and its rental value has increased by £102 per month (5.6%).
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, Victoria Chambers, London is in very good condition we estimate a sale value of £503,564 and rental value of £1,934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,014 and a rental value of £1,713 per month.
If you were able to purchase this property for the estimated value of £479,585, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,357 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, Victoria Chambers, London was last sold on 08 Dec 2021 for £440,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Victoria Chambers, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 13, Victoria Chambers, Paul Street, London, EC2A 4ED, a Leasehold flat which sold for £450,000 in Sep 2023.
Read more about house prices in EC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luke Street, London, EC2 has a total of 37 addresses. According to our analysis of all the public data, Flat 4, Victoria Chambers, London is the 24th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £473k less expensive than the average property in EC2.
Flat 4, Victoria Chambers, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2024.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Victoria Chambers, London is Shoreditch High Street station which is 300 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, Victoria Chambers, London, 75.7% of property is privately rented and 13.0% 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, Victoria Chambers, London, 38.8% of residents are recorded as possessing school level qualifications and 80.2% 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, Victoria Chambers, 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, Victoria Chambers, London, 4.5% 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, Victoria Chambers, 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.