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Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 61A, Downs Park Road is £985,968 and the estimated rental value is £4,651 per month.
The apartment is within 61, Downs Park Road, London, E8.
Downs Park Road, London, E8 is located in the borough of Hackney within the E8 postal district.
61A, Downs Park Road has 21 entries in the Land Registry , most recently in June 2018 and a single entry in the EPC database dated February 2018.
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.
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 61A, Downs Park Road is in very good condition we estimate a sale value of £1,035,267 and a rental value of £4,884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £916,951 and a rental value of £4,326 per month.
Over the last 12 months the sale value of 61A Downs Park Road has decreased by an estimated £16,444 (1.7%) and its rental value has increased by an estimated £256 per month (5.5%), giving an expected gross yield of 5.7%.
61A, Downs Park Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2018.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 61A, Downs Park Road was last sold on 21st June 2018 for £947,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2018, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61A, Downs Park Road within a radius of 280 metres over the last 2 years.
The most recent example is 48, Independent Place, London, E8 2HE, a leasehold flat which sold for £900,000 on the 7th January 2022.
Read more about house prices in E8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downs Park Road, London, E8 has a total of 95 addresses. According to our analysis of all the public data, 61A, Downs Park Road is the 9th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £349k more expensive than the average property in E8.
The closest station to 61A, Downs Park Road is Hackney Downs station which is 600 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 61A, Downs Park Road, 63.8% of property is socially rented and 19.4% is privately 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 61A, Downs Park Road, 23.4% of residents are recorded as possessing school level qualifications and 43.5% 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 61A, Downs Park 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 61A, Downs Park Road, 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 61A, Downs Park 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.