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By comparing it to neighbours, we estimate that it is a early-century apartment with 816 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Median Road is £734,398 and the estimated rental value is £3,078 per month.
The apartment is within 62, Median Road, London, E5.
Median Road, London, E5 is located in the borough of Hackney within the E5 postal district.
62, Median Road has a single entry in the Land Registry from November 2016 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 3 out of 5 and is considered of medium 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 62, Median Road is in very good condition we estimate a sale value of £771,118 and a rental value of £3,232 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £682,990 and a rental value of £2,862 per month.
Over the last 12 months the sale value of 62 Median Road has decreased by an estimated £15,052 (2.0%) and its rental value has increased by an estimated £183 per month (6.0%), giving an expected gross yield of 5%.
According to HM Land Registry, 62, Median Road was last sold on 25th November 2016 for £637,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Median Road within a radius of 290 metres over the last 2 years.
The most recent example is 6A, Median Road, London, E5 0PL, a leasehold flat which sold for £822,501 on the 19th August 2024.
Read more about house prices in E5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Median Road, London, E5 has a total of 176 addresses. According to our analysis of all the public data, 62, Median Road is the 82nd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in E5.
The closest station to 62, Median Road is Hackney Central station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 62, Median Road, 42.5% of property is privately rented and 30.1% 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 62, Median Road, 15.2% of residents are recorded as possessing school level qualifications and 60.0% 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 62, Median Road, the average age was 34.7 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 62, Median Road, 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 62, Median Road, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.