According to the public record, Flat 9, Portcullis House, London is a modern leasehold apartment and with 1,130 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Portcullis House, Spurstowe Terrace, London, E8.
Spurstowe Terrace, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 9, Portcullis House, London has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated November 2021.
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 9 Portcullis House London as £659,342 and the rental value as £3,441 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 9 Portcullis House London has increased by £5,945 (0.9%) and its rental value has increased by £190 per month (5.5%).
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 9, Portcullis House, London is in very good condition we estimate a sale value of £692,309 and rental value of £3,613 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £613,188 and a rental value of £3,200 per month.
If you were able to purchase this property for the estimated value of £659,342, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,240 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 9, Portcullis House, London was last sold on 18 Feb 2022 for £620,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Portcullis House, London within a radius of 214m over the last 2 years.
The most recent example is Flat 2, 14, Andre Street, London, E8 2AA, a Leasehold flat which sold for £662,500 in Mar 2023.
Read more about house prices in E8.
Spurstowe Terrace, London, E8 has a total of 76 addresses. According to our analysis of all the public data, Flat 9, Portcullis House, London is the 7th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in E8.
Flat 9, Portcullis House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 9, Portcullis House, London is Hackney Downs 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 9, Portcullis House, London, 41.0% of property is socially rented and 34.0% is privately 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 9, Portcullis House, London, 18.7% of residents are recorded as possessing school level qualifications and 47.7% 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 9, Portcullis House, 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 9, Portcullis House, London, 1.3% 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 9, Portcullis House, 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.