According to the public record, Flat 5, Apex House 2, London is a modern leasehold apartment and with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Apex House, Sylvester Road, London, E8.
Sylvester Road, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 5, Apex House 2, London has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated September 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 5 Apex House 2 London as £611,362 and the rental value as £2,999 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 5 Apex House 2 London has increased by £9,737 (1.6%) and its rental value has increased by £152 per month (5.1%).
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 5, Apex House 2, London is in very good condition we estimate a sale value of £641,930 and rental value of £3,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £568,566 and a rental value of £2,789 per month.
If you were able to purchase this property for the estimated value of £611,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,005 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 5, Apex House 2, London was last sold on 28 Sep 2022 for £620,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Apex House 2, London within a radius of 276m over the last 2 years.
The most recent example is Flat 7, 2, Florfield Road, London, E8 1DD, a Leasehold flat which sold for £731,000 in Apr 2023.
Read more about house prices in E8.
Sylvester Road, London, E8 has a total of 152 addresses. According to our analysis of all the public data, Flat 5, Apex House 2, London is the 18th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in E8.
Flat 5, Apex House 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Exhaust air MEV source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
The closest station to Flat 5, Apex House 2, London is Hackney Central station which is 100 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 5, Apex House 2, London, 43.3% of property is socially rented and 22.1% is privately owned outright.
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 5, Apex House 2, London, 18.3% of residents are recorded as possessing school level qualifications and 58.3% 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 5, Apex House 2, 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 5, Apex House 2, London, 0.9% 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 5, Apex House 2, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.