According to the public record, Flat 6, 124-126, Millfields Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 449 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 124-126, Millfields Road, London, E5.
Millfields Road, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 6, 124-126, Millfields Road, London has a single entry in the Land Registry database from May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 6 124-126 Millfields Road London as £292,859 and the rental value as £1,541 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 6 124-126 Millfields Road London has increased by £11,336 (3.9%) and its rental value has increased by £70 per month (4.5%).
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 6, 124-126, Millfields Road, London is in very good condition we estimate a sale value of £307,502 and rental value of £1,618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,359 and a rental value of £1,433 per month.
If you were able to purchase this property for the estimated value of £292,859, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,439 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 6, 124-126, Millfields Road, London was last sold on 04 May 2007 for £145,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 109.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 6, 124-126, Millfields Road, London within a radius of 191m over the last 2 years.
The most recent example is Flat 1, Chatsworth Court, Powerscroft Road, London, E5 0PS, a Leasehold flat which sold for £245,000 in Aug 2013.
Read more about house prices in E5.
Millfields Road, London, E5 has a total of 235 addresses. According to our analysis of all the public data, Flat 6, 124-126, Millfields Road, London is the 162nd largest and the 185th most expensive property on the street.
When compared to the postcode district it is £296k less expensive than the average property in E5.
The closest station to Flat 6, 124-126, Millfields Road, London is Clapton station which is 800 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 6, 124-126, Millfields Road, London, 35.3% of property is socially rented and 32.7% 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 6, 124-126, Millfields Road, London, 23.0% of residents are recorded as possessing school level qualifications and 56.2% 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 6, 124-126, Millfields Road, London, the average age was 36.4 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 6, 124-126, Millfields Road, London, 0.0% 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 6, 124-126, Millfields Road, 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.