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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 224, Millfields Road is a period house with 947 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 224, Millfields Road is £822,915 and the estimated rental value is £4,092 per month.
Millfields Road, London, E5 is located in the borough of Hackney within the E5 postal district.
224, Millfields Road has no records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 224, Millfields Road is in very good condition we estimate a sale value of £864,060 and a rental value of £4,296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £765,311 and a rental value of £3,805 per month.
Over the last 12 months the sale value of 224 Millfields Road has decreased by an estimated £28,796 (3.5%) and its rental value has increased by an estimated £182 per month (4.5%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 224, Millfields Road sits on a plot of 108m2.
We have plot size data on 12 out of 26 other houses in the postcode and 224, Millfields Road sits on the 13th largest plot.
224, Millfields Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224, Millfields Road within a radius of 350 metres over the last 2 years.
The most recent example is 1A, Sewdley Street, London, E5 0AX, a freehold house which sold for £875,000 on the 16th October 2023.
Read more about house prices in E5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfields Road, London, E5 has a total of 234 addresses. According to our analysis of all the public data, 224, Millfields Road is the 101st largest and the 99th most expensive property on the street.
When compared to the postcode district it is £242k more expensive than the average property in E5.
The closest station to 224, Millfields Road is Clapton station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 224, Millfields Road, 59.8% of property is socially rented and 15.5% 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 224, Millfields Road, 21.7% of residents are recorded as possessing school level qualifications and 39.3% 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 224, Millfields Road, the average age was 36 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 224, Millfields Road, 0.2% 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 224, Millfields Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
