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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
54, Albion Road is recorded publicly as a period freehold house across 1,065 ft2 of internal area, sitting on a 158 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 54, Albion Road is £968,762 and its rental estimate is £4,671 per month, given the available information and assuming reasonable condition.
Albion Road, London, N16 falls within the N16 postal district, in the borough of Hackney.
54, Albion Road has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 54, Albion Road, we estimate a market value of £1,017,200 and a rental value of £4,904 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £900,948 and £4,344 per month respectively.
Over the last year, 54, Albion Road has seen its estimated sale value move down by £25,114 (2.6%) and its estimated rental value increase by £256 per month (5.5%). This results in an estimated gross rental yield of 5.8%.
HM Land Registry records the plot of land for 54, Albion Road as measuring 158 m2.
That makes it the 7th largest plot in the postcode, where all 4 other houses have recorded plot data.
54, Albion Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 54, Albion Road completed on 22nd October 2015 at £850,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.7% over the period since October 2015.
Over the past 2 years 3 properties similar to 54, Albion Road have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd March 2023, was 23, Church Walk, London, N16 8QR, a freehold house which sold for £925,000.
Read more about house prices in N16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 704 addresses on Albion Road, London, N16, 54, Albion Road comes out as the 106th largest and the 62nd most expensive in our analysis of the public data.
It is also £294k more expensive than the average property across the N16 district.
From 54, Albion Road, the nearest station is Canonbury, 800 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 54, Albion Road, 47.2% of property is privately rented and 25.0% 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 54, Albion Road, 11.3% of residents are recorded as possessing school level qualifications and 77.4% 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 54, Albion Road, the average age was 36.4 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 54, Albion Road, 1.0% 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 54, Albion Road, 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.
