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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
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According to the public record, Basement Flat, 24, Newick Road is a period apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Basement Flat, 24, Newick Road is £341,313 and the estimated rental value is £1,461 per month.
The apartment is within 24, Newick Road, London, E5.
Newick Road, London, E5 is located in the borough of Hackney within the E5 postal district.
Basement Flat, 24, Newick Road has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Basement Flat, 24, Newick Road is in very good condition we estimate a sale value of £358,379 and a rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,421 and a rental value of £1,359 per month.
Over the last 12 months the sale value of Basement Flat 24 Newick Road has decreased by an estimated £7,880 (2.3%) and its rental value has increased by an estimated £81 per month (5.6%), giving an expected gross yield of 5.1%.
Basement Flat, 24, Newick Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Basement Flat, 24, Newick Road within a radius of 310 metres over the last 2 years.
The most recent example is 36A, Mildenhall Road, London, E5 0RU, a leasehold flat which sold for £870,000 on the 23rd August 2013.
Read more about house prices in E5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newick Road, London, E5 has a total of 130 addresses. According to our analysis of all the public data, Basement Flat, 24, Newick Road is the 126th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in E5.
The closest station to Basement Flat, 24, Newick Road is Clapton 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Basement Flat, 24, Newick Road, 42.3% of property is privately rented and 26.2% is privately owned with a mortgage.
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 Basement Flat, 24, Newick Road, 17.7% of residents are recorded as possessing school level qualifications and 62.1% 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 Basement Flat, 24, Newick Road, the average age was 36.4 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 Basement Flat, 24, Newick Road, 0.2% 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 Basement Flat, 24, Newick Road, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
