According to the public record, Flat 6, 68, George Downing Estate, London is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 68, George Downing Estate, London, N16.
George Downing Estate, London, N16 is located in the borough of Hackney within the N16 postal district.
Flat 6, 68, George Downing Estate, London has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated December 2014.
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 6 68 George Downing Estate London as £325,359 and the rental value as £1,768 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 6 68 George Downing Estate London has increased by £3,901 (1.2%) and its rental value has increased by £107 per month (6.0%).
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, 68, George Downing Estate, London is in very good condition we estimate a sale value of £341,627 and rental value of £1,857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,584 and a rental value of £1,645 per month.
If you were able to purchase this property for the estimated value of £325,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,599 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, 68, George Downing Estate, London was last sold on 07 Nov 2022 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 68, George Downing Estate, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 14, 68, George Downing Estate, London, N16 6BW, a Leasehold flat which sold for £317,500 in Dec 2023.
Read more about house prices in N16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Downing Estate, London, N16 has a total of 171 addresses. According to our analysis of all the public data, Flat 6, 68, George Downing Estate, London is the 138th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £340k less expensive than the average property in N16.
Flat 6, 68, George Downing Estate, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, 68, George Downing Estate, London is Stoke Newington station which is 200 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 6, 68, George Downing Estate, London, 37.2% of property is privately rented and 24.8% is socially 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, 68, George Downing Estate, London, 33.0% of residents are recorded as possessing school level qualifications and 35.4% 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, 68, George Downing Estate, London, the average age was 33.4 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 6, 68, George Downing Estate, 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, 68, George Downing Estate, 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.