According to the public record, Flat 58, Clift House, London is a modern leasehold apartment and with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Clift House, Lucan Path, London, N1.
Lucan Path, London, N1 is located in the borough of Hackney within the N1 postal district.
Flat 58, Clift House, London has 2 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated October 2018.
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 58 Clift House London as £475,345 and the rental value as £2,410 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 58 Clift House London has decreased by £4,876 (1.0%) and its rental value has increased by £141 per month (5.9%).
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 58, Clift House, London is in very good condition we estimate a sale value of £499,112 and rental value of £2,531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,070 and a rental value of £2,242 per month.
If you were able to purchase this property for the estimated value of £475,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,336 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 58, Clift House, London was last sold on 26 Nov 2021 for £435,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 58, Clift House, London within a radius of 0m over the last 2 years.
The most recent example is Flat 53, Clift House, Lucan Path, London, N1 5FL, a Leasehold flat which sold for £540,000 in Jun 2019.
Read more about house prices in N1.
Our network of Estate Agents report 1 let of a property similar to Flat 58, Clift House, London within a radius of 72m over the last 2 years.
Most recently Flat 1, Duo Tower, Penn Street, London, N1 5FF, a Leasehold flat let by London Property Management for an undisclosed amount in Aug 2021.
Lucan Path, London, N1 has a total of 23 addresses. According to our analysis of all the public data, Flat 58, Clift House, London is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in N1.
Flat 58, Clift House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 58, Clift House, London is Haggerston 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 58, Clift House, London, 50.0% of property is socially rented and 23.4% 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 58, Clift House, London, 21.9% of residents are recorded as possessing school level qualifications and 55.0% 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 58, Clift House, London, the average age was 34.5 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 58, Clift House, London, 1.3% 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 58, Clift House, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.