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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
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Public records show 56, Albion Road to be a period freehold house with 1,022 ft2 of internal area, sitting on a 150 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
56, Albion Road has an estimated sale value of £944,769 and an estimated rental value of £4,555 per month, assuming reasonable condition and based on the information available.
Albion Road, London, N16 lies in the borough of Hackney, within the N16 postal district.
56, Albion Road has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated June 2014.
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.
In very good condition, we estimate 56, Albion Road would be worth £992,007, with a potential rental value of £4,783 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £878,635, with a rental value of £4,236 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 56, Albion Road has moved down by £24,492 (2.6%) over the last year. During the same period, its estimated monthly rental value has increased by £250 (5.5%). The property's estimated gross yield is currently 5.8%.
56, Albion Road occupies a 150 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
56, Albion Road has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Jun 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
56, Albion Road last changed hands on 22nd June 2015, selling for £820,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 9.3% since June 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of 56, Albion Road across the last 2 years.
Most recently, 4, Green Lanes, London, N16 9NB, a freehold house, sold at £965,000 on the 7th November 2022.
Read more about house prices in N16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 56, Albion Road as the 117th largest and the 70th most expensive of the 704 addresses on Albion Road, London, N16.
Against the N16 postcode district average, it is £270k more expensive than the typical property.
Canonbury station is the nearest stop to 56, Albion Road at 800 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, 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 56, 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 56, 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 56, 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 56, 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.
