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According to the public record, 61B, Downs Park Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,139 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 61B, Downs Park Road is £849,698 and the estimated rental value is £4,008 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.
61B, Downs Park Road has 31 entries in the Land Registry , most recently in February 2019 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 61B, Downs Park Road is in very good condition we estimate a sale value of £892,183 and a rental value of £4,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £790,219 and a rental value of £3,728 per month.
Over the last 12 months the sale value of 61B Downs Park Road has decreased by an estimated £18,012 (2.1%) and its rental value has increased by an estimated £220 per month (5.5%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 61B, Downs Park Road was last sold on 14th February 2019 for £785,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2019, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61B, Downs Park Road within a radius of 280 metres over the last 2 years.
The most recent example is Flat E, 135, Amhurst Road, London, E8 2AW, a leasehold flat which sold for £730,000 on the 6th September 2024.
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, 61B, Downs Park Road is the 21st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in E8.
The closest station to 61B, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 61B, 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 61B, 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 61B, 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 61B, 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 61B, 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.