According to the public record, Flat 8, Ocean House, London is a modern leasehold apartment and with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Ocean House, Dalston Square, London, E8.
Dalston Square, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 8, Ocean House, London has 3 entries in the Land Registry database, most recently in June 2023 and 2 entries in the EPC database, most recently in September 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 8 Ocean House London as £418,550 and the rental value as £2,111 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 8 Ocean House London has increased by £3,594 (0.9%) and its rental value has increased by £119 per month (5.6%).
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 8, Ocean House, London is in very good condition we estimate a sale value of £439,477 and rental value of £2,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,251 and a rental value of £1,964 per month.
If you were able to purchase this property for the estimated value of £418,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,057 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 8, Ocean House, London was last sold on 05 Jun 2023 for £450,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Ocean House, London within a radius of 144m over the last 2 years.
The most recent example is 43, Bentley Road, London, N1 4BY, a Leasehold flat which sold for £370,000 in Nov 2023.
Read more about house prices in E8.
Dalston Square, London, E8 has a total of 415 addresses. According to our analysis of all the public data, Flat 8, Ocean House, London is the 386th largest and the 396th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in E8.
Flat 8, Ocean House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 8, Ocean House, London is Dalston Junction station which is 100 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 8, Ocean House, London, 52.5% of property is privately rented and 24.7% 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 8, Ocean House, London, 14.1% of residents are recorded as possessing school level qualifications and 78.7% 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 8, Ocean 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 8, Ocean House, 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 8, Ocean House, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.