According to the public record, Flat B, 108, Forest Road, London is a period leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 108, Forest Road, London, E8.
Forest Road, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat B, 108, Forest Road, London has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated April 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 B 108 Forest Road London as £535,191 and the rental value as £2,390 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat B 108 Forest Road London has increased by £5,732 (1.1%) and its rental value has increased by £139 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 B, 108, Forest Road, London is in very good condition we estimate a sale value of £561,951 and rental value of £2,510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,728 and a rental value of £2,223 per month.
If you were able to purchase this property for the estimated value of £535,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,630 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 B, 108, Forest Road, London was last sold on 28 Oct 2022 for £463,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 108, Forest Road, London within a radius of 185m over the last 2 years.
The most recent example is Flat 14, 2, Lansdowne Drive, London, E8 3EZ, a Leasehold flat which sold for £515,000 in Mar 2024.
Read more about house prices in E8.
Forest Road, London, E8 has a total of 184 addresses. According to our analysis of all the public data, Flat B, 108, Forest Road, London is the 141st largest and the 137th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in E8.
Flat B, 108, Forest Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat B, 108, Forest Road, London is London Fields 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 B, 108, Forest Road, 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 B, 108, Forest Road, 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 B, 108, Forest Road, 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 B, 108, Forest Road, 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 B, 108, Forest Road, 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.