According to the public record, Flat 53, Academy Apartments, London is a period apartment with 1,636 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Academy Apartments, Institute Place, London, E8.
Institute Place, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 53, Academy Apartments, London has no recent1 records in the Land Registry database and 2 entries in the EPC database, most recently in November 2021.
We combine this information with public data 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 53 Academy Apartments London as £1,025,323 and the rental value as £5,012 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 53 Academy Apartments London has increased by £16,559 (1.6%) and its rental value has increased by £263 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 53, Academy Apartments, London is in very good condition we estimate a sale value of £1,076,589 and rental value of £5,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £953,550 and a rental value of £4,661 per month.
If you were able to purchase this property for the estimated value of £1,025,323, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,039 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 53, Academy Apartments, London was last sold on 08 Jun 1999 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 53, Academy Apartments, London within a radius of 37m over the last 2 years.
The most recent example is Flat 5, Academy Apartments 236, Dalston Lane, London, E8 1LX, a Leasehold flat which sold for £720,000 in Jul 2023.
Read more about house prices in E8.
Institute Place, London, E8 has a total of 28 addresses. According to our analysis of all the public data, Flat 53, Academy Apartments, London is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £387k more expensive than the average property in E8.
Flat 53, Academy Apartments, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 53, Academy Apartments, London is Hackney Downs station which is 0 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 53, Academy Apartments, London, 38.8% of property is socially rented and 37.9% 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 53, Academy Apartments, London, 25.7% of residents are recorded as possessing school level qualifications and 55.7% 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 53, Academy Apartments, 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 53, Academy Apartments, London, 1.1% 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 53, Academy Apartments, 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.