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In this area, apartments of this size normally have 3 bedrooms with a garden.
6, Hoffman Square has an estimated sale value of £1,164,881 and an estimated rental value of £5,190 per month, assuming reasonable condition and based on the information available.
Hoffman Square, London, N1 lies in the borough of Hackney, within the N1 postal district.
6, Hoffman Square has 21 entries in the Land Registry , most recently in May 2010 and a single entry in the EPC database dated February 2023.
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.
In very good condition, we estimate 6, Hoffman Square would be worth £1,223,125, with a potential rental value of £5,450 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,083,339, with a rental value of £4,827 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 6, Hoffman Square has dropped by £38,321 (3.3%) over the last year. During the same period, its estimated monthly rental value has risen by £374 (7.2%). The property's estimated gross yield is currently 5.3%.
6, Hoffman Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
6, Hoffman Square last changed hands on 14th May 2010, selling for £849,950. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 52.3% since May 2010.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 210 metres of 6, Hoffman Square across the last 2 years.
Most recently, 39, Hoffman Square, London, N1 6DH, a leasehold flat, sold at £577,998 on the 28th January 2022.
Read more about house prices in N1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 6, Hoffman Square as the 5th largest and the 5th most expensive of the 40 addresses on Hoffman Square, London, N1.
Against the N1 postcode district average, it is £416k more expensive than the typical property.
Old Street station is the nearest stop to 6, Hoffman Square at 300 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Hoffman Square, % of property is and % is .
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 6, Hoffman Square, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 6, Hoffman Square, 0.0% 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 6, Hoffman Square, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.