According to the public record, Unit 3, 426, Hackney Road, London is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 426, Hackney Road, London, E2.
Hackney Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Unit 3, 426, Hackney Road, London has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated March 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 Unit 3 426 Hackney Road London as £446,713 and the rental value as £2,268 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Unit 3 426 Hackney Road London has increased by £1,049 (0.2%) and its rental value has increased by £89 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 Unit 3, 426, Hackney Road, London is in very good condition we estimate a sale value of £469,049 and rental value of £2,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,443 and a rental value of £2,109 per month.
If you were able to purchase this property for the estimated value of £446,713, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,195 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, Unit 3, 426, Hackney Road, London was last sold on 21 Feb 2014 for £417,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 3, 426, Hackney Road, London within a radius of 240 metres over the last 2 years.
The most recent example is 27, Lion Mills, London, E2 7ST, a Leasehold flat which sold for £550,000 in Dec 2022.
Read more about house prices in E2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hackney Road, London, E2 has a total of 747 addresses. According to our analysis of all the public data, Unit 3, 426, Hackney Road, London is the 423rd largest and the 463rd most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in E2.
Unit 3, 426, Hackney Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Unit 3, 426, Hackney Road, London is Cambridge Heath station which is 300 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 Unit 3, 426, Hackney Road, London, 55.0% of property is privately rented and 27.8% 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 Unit 3, 426, Hackney Road, London, 12.1% of residents are recorded as possessing school level qualifications and 78.9% 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 Unit 3, 426, Hackney Road, London, the average age was 33.1 and the most common age was 27.
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 Unit 3, 426, Hackney Road, London, 0.7% 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 Unit 3, 426, Hackney Road, 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.