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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
According to the public record, 6, Ormsby Place is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,406 ft2 of internal area and sits on a 69.8 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Ormsby Place is £903,399 and the estimated rental value is £4,534 per month.
Ormsby Place, London, N16 is located in the borough of Hackney within the N16 postal district.
6, Ormsby Place has 2 entries in the Land Registry , most recently in September 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 6, Ormsby Place is in very good condition we estimate a sale value of £948,569 and a rental value of £4,761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £840,161 and a rental value of £4,216 per month.
Over the last 12 months the sale value of 6 Ormsby Place has decreased by an estimated £29,160 (3.2%) and its rental value has increased by an estimated £203 per month (4.5%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 6, Ormsby Place sits on a plot of 70m2.
We have plot size data on 8 out of 11 other houses in the postcode and 6, Ormsby Place sits on the 3rd largest plot.
According to HM Land Registry, 6, Ormsby Place was last sold on 18th September 2013 for £675,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2013, the market for similar properties has risen 94.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Ormsby Place within a radius of 280 metres over the last 2 years.
The most recent example is 34, Glading Terrace, London, N16 7NR, a freehold house which sold for £950,100 on the 18th July 2023.
Read more about house prices in N16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormsby Place, London, N16 has a total of 11 addresses. According to our analysis of all the public data, 6, Ormsby Place is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £232k more expensive than the average property in N16.
The closest station to 6, Ormsby Place is Rectory Road station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Ormsby Place, 62.2% of property is privately rented and 17.7% is socially rented.
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, Ormsby Place, 16.6% of residents are recorded as possessing school level qualifications and 63.2% 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 6, Ormsby Place, the average age was 35.9 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 6, Ormsby Place, 1.5% 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, Ormsby Place, 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.
