38, Hoffman Square
38, Hoffman Square
Description & Estimates
38, Hoffman Square is recorded publicly as a period leasehold apartment across 1,515 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Hoffman Square is £1,182,966 and its rental estimate is £5,271 per month, given the available information and assuming reasonable condition.
Hoffman Square, London, N1 falls within the N1 postal district, in the borough of Hackney.
Our Data Sources
38, Hoffman Square has 21 entries in the Land Registry , most recently in June 2010 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, Hoffman Square, we estimate a market value of £1,242,114 and a rental value of £5,534 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,100,158 and £4,902 per month respectively.
Recent Market Change
Over the last year, 38, Hoffman Square has seen its estimated sale value fall by £38,916 (3.3%) and its estimated rental value move up by £380 per month (7.2%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
38, Hoffman Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Hoffman Square completed on 11th June 2010 at £735,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.8% over the period since June 2010.
- Sold Jun 2010£735,000
- Sold Apr 2001£404,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Hoffman Square have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th January 2022, was 39, Hoffman Square, London, N1 6DH, a leasehold flat which sold for £577,998.
Read more about house prices in N1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Hoffman Square, London, N1, 38, Hoffman Square comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £435k more expensive than the average property across the N1 district.
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Schools Nearby
- 300mSt Monica's Catholic Primary School
- 300mSt John the Baptist Voluntary Aided Church of England Primary School
- 500mSt Luke's CofE Primary School
- 300mCentral Foundation Boys' School
- 1.0kmHaggerston School
- 1.0kmMulberry Academy Shoreditch
More reading links
Public Transport Nearby
From 38, Hoffman Square, the nearest station is Old Street, 300 metres away.
- 300mOld Street
- 600mShoreditch High Street
- 700mHoxton
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
