According to the public record, Top Flat, 38, Terrace Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 734 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Terrace Road, London, E9.
Terrace Road, London, E9 is located in the borough of Hackney within the E9 postal district.
Top Flat, 38, Terrace Road, London has a single entry in the Land Registry database from April 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Top Flat 38 Terrace Road London as £520,576 and the rental value as £2,695 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Top Flat 38 Terrace Road London has increased by £3,398 (0.7%) and its rental value has increased by £103 per month (3.8%).
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 Top Flat, 38, Terrace Road, London is in very good condition we estimate a sale value of £546,605 and rental value of £2,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,136 and a rental value of £2,506 per month.
If you were able to purchase this property for the estimated value of £520,576, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,558 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, Top Flat, 38, Terrace Road, London was last sold on 01 Apr 2019 for £570,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Top Flat, 38, Terrace Road, London within a radius of 290 metres over the last 2 years.
The most recent example is 4A, Moulins Road, London, E9 7EL, a Leasehold flat which sold for £680,000 in Aug 2022.
Read more about house prices in E9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Terrace Road, London, E9 has a total of 31 addresses. According to our analysis of all the public data, Top Flat, 38, Terrace Road, London is the 20th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in E9.
The closest station to Top Flat, 38, Terrace Road, London is Homerton 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 Top Flat, 38, Terrace Road, London, 43.4% of property is privately owned outright and 32.1% 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 Top Flat, 38, Terrace Road, London, 34.2% of residents are recorded as possessing school level qualifications and 20.3% 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 Top Flat, 38, Terrace Road, London, the average age was 36.9 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 Top Flat, 38, Terrace Road, London, 0.0% 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 Top Flat, 38, Terrace Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.