According to the public record, Flat 7, Nonet House 131-133, London is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Nonet House, Lower Clapton Road, London, E5.
Lower Clapton Road, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 7, Nonet House 131-133, London has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated August 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 7 Nonet House 131-133 London as £381,601 and the rental value as £1,837 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 7 Nonet House 131-133 London has increased by £8,562 (2.2%) and its rental value has increased by £71 per month (3.9%).
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 7, Nonet House 131-133, London is in very good condition we estimate a sale value of £400,681 and rental value of £1,929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,889 and a rental value of £1,708 per month.
If you were able to purchase this property for the estimated value of £381,601, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,875 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, Nonet House 131-133, London was last sold on 07 Sep 2018 for £445,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Nonet House 131-133, London within a radius of 270 metres over the last 2 years.
The most recent example is 36, Clapton Square, London, E5 8HE, a Leasehold flat which sold for £355,000 in Mar 2022.
Read more about house prices in E5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Clapton Road, London, E5 has a total of 537 addresses. According to our analysis of all the public data, Flat 7, Nonet House 131-133, London is the 401st largest and the 407th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in E5.
Flat 7, Nonet House 131-133, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, Nonet House 131-133, London is Hackney Central station which is 600 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 7, Nonet House 131-133, London, 62.1% of property is privately rented and 16.1% 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, Nonet House 131-133, London, 12.0% of residents are recorded as possessing school level qualifications and 66.1% 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, Nonet House 131-133, London, the average age was 34.7 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, Nonet House 131-133, London, 0.2% 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, Nonet House 131-133, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.