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By comparing it to neighbours, we estimate that it is a mid-century house with 1,258 ft2 of internal area and sits on a 106 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cromer Terrace is £914,892 and the estimated rental value is £4,669 per month.
Cromer Terrace, London, E8 is located in the borough of Hackney within the E8 postal district.
2, Cromer Terrace has 31 entries in the Land Registry , most recently in July 2017 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.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 2, Cromer Terrace is in very good condition we estimate a sale value of £960,636 and a rental value of £4,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £850,849 and a rental value of £4,342 per month.
Over the last 12 months the sale value of 2 Cromer Terrace has decreased by an estimated £35,639 (3.9%) and its rental value has increased by an estimated £173 per month (3.7%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 2, Cromer Terrace sits on a plot of 106m2.
We have plot size data on 11 out of 16 other houses in the postcode and 2, Cromer Terrace sits on the 11th largest plot.
According to HM Land Registry, 2, Cromer Terrace was last sold on 18th July 2017 for £698,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2017, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cromer Terrace within a radius of 300 metres over the last 2 years.
The most recent example is 16, Chester Crescent, London, E8 2PH, a freehold house which sold for £800,000 on the 22nd March 2024.
Read more about house prices in E8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromer Terrace, London, E8 has a total of 16 addresses. According to our analysis of all the public data, 2, Cromer Terrace is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £278k more expensive than the average property in E8.
The closest station to 2, Cromer Terrace is Hackney Downs station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cromer Terrace, 50.0% of property is socially rented and 23.2% 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 2, Cromer Terrace, 22.3% of residents are recorded as possessing school level qualifications and 50.0% 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 2, Cromer Terrace, 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 2, Cromer Terrace, 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 2, Cromer Terrace, 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.