According to the public record, Unit 8, 1, Baltic Place, London is a modern leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 1, Baltic Place, London, N1.
Baltic Place, London, N1 is located in the borough of Hackney within the N1 postal district.
Unit 8, 1, Baltic Place, London has a single entry in the Land Registry database from December 2008 and 5 entries in the EPC database, most recently in March 2023.
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 8 1 Baltic Place London as £401,336 and the rental value as £2,031 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Unit 8 1 Baltic Place London has decreased by £329 (0.1%) and its rental value has increased by £127 per month (6.3%).
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 8, 1, Baltic Place, London is in very good condition we estimate a sale value of £421,403 and rental value of £2,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,242 and a rental value of £1,889 per month.
If you were able to purchase this property for the estimated value of £401,336, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,972 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 8, 1, Baltic Place, London was last sold on 12 Dec 2008 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2008, the market for similar properties has risen 80.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 8, 1, Baltic Place, London within a radius of 68m over the last 2 years.
The most recent example is Flat 19, 1, Dunston Road, London, E8 4FA, a Leasehold flat which sold for £545,000 in Dec 2023.
Read more about house prices in N1.
Baltic Place, London, N1 has a total of 79 addresses. According to our analysis of all the public data, Unit 8, 1, Baltic Place, London is the 34th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £335k less expensive than the average property in N1.
Unit 8, 1, Baltic Place, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Unit 8, 1, Baltic Place, London is Haggerston station which is 200 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 Unit 8, 1, Baltic Place, London, 54.6% of property is privately rented and 20.0% 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 Unit 8, 1, Baltic Place, London, 12.9% of residents are recorded as possessing school level qualifications and 76.9% 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 8, 1, Baltic Place, London, the average age was 34.5 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 Unit 8, 1, Baltic Place, London, 1.5% 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 8, 1, Baltic Place, 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.