According to the public record, Flat 6, Malferna House, London is a modern leasehold apartment and with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Malferna House, Malvern Road, London, E8.
Malvern Road, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 6, Malferna House, London has 2 entries in the Land Registry database, most recently in August 2023 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 6 Malferna House London as £603,940 and the rental value as £2,850 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 6 Malferna House London has increased by £6,144 (1.0%) and its rental value has increased by £164 per month (5.8%).
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, Malferna House, London is in very good condition we estimate a sale value of £634,137 and rental value of £2,993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,664 and a rental value of £2,651 per month.
If you were able to purchase this property for the estimated value of £603,940, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,968 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, Malferna House, London was last sold on 31 Aug 2023 for £505,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Malferna House, London within a radius of 230m over the last 2 years.
The most recent example is Flat 4, 21, Richmond Road, London, E8 3BF, a Leasehold flat which sold for £650,000 in Aug 2022.
Read more about house prices in E8.
Our network of Estate Agents report 1 let within a 187m radius of Flat 6, Malferna House, London over the last 2 years.
Most recently 379, Queensbridge Road, London, E8 3LH, a Leasehold flat let by Fine Living for an undisclosed amount in Aug 2021.
Malvern Road, London, E8 has a total of 120 addresses. According to our analysis of all the public data, Flat 6, Malferna House, London is the 99th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in E8.
Flat 6, Malferna House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 6, Malferna House, London is Dalston Junction 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 6, Malferna House, London, 37.7% of property is socially rented and 26.6% 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 6, Malferna House, London, 17.9% of residents are recorded as possessing school level qualifications and 57.5% 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, Malferna House, London, the average age was 37 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, Malferna House, London, 4.6% 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, Malferna House, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.