According to the public record, Flat 7, Chessum House 10, London is a period leasehold apartment and with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Chessum House, Lansdowne Drive, London, E8.
Lansdowne Drive, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 7, Chessum House 10, London has 2 entries in the Land Registry database, most recently in March 2011 and 2 entries in the EPC database, most recently in June 2022.
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 7 Chessum House 10 London as £411,620 and the rental value as £1,985 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 7 Chessum House 10 London has increased by £4,426 (1.1%) and its rental value has increased by £116 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 7, Chessum House 10, London is in very good condition we estimate a sale value of £432,201 and rental value of £2,085 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,807 and a rental value of £1,846 per month.
If you were able to purchase this property for the estimated value of £411,620, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,023 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 7, Chessum House 10, London was last sold on 04 Mar 2011 for £271,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2011, the market for similar properties has risen 79.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Chessum House 10, London within a radius of 194m over the last 2 years.
The most recent example is 47B, Graham Road, London, E8 1DA, a Leasehold flat which sold for £455,000 in Mar 2023.
Read more about house prices in E8.
Lansdowne Drive, London, E8 has a total of 291 addresses. According to our analysis of all the public data, Flat 7, Chessum House 10, London is the 283rd largest and the 230th most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in E8.
Flat 7, Chessum House 10, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2022.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, Chessum House 10, London is Hackney Downs 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 7, Chessum House 10, London, 36.9% of property is privately rented and 22.0% 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 7, Chessum House 10, London, 12.3% of residents are recorded as possessing school level qualifications and 69.6% 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 7, Chessum House 10, 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 7, Chessum House 10, London, 0.3% 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 7, Chessum House 10, 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.