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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, Flat 1, 1, Albion Drive is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,221 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 Flat 1, 1, Albion Drive is £1,026,779 and the estimated rental value is £4,522 per month.
The apartment is within 1, Albion Drive, London, E8.
Albion Drive, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 1, 1, Albion Drive has a single entry in the Land Registry from November 2024 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 Flat 1, 1, Albion Drive is in very good condition we estimate a sale value of £1,078,118 and a rental value of £4,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £954,905 and a rental value of £4,206 per month.
Over the last 12 months the sale value of Flat 1 1 Albion Drive has decreased by an estimated £17,124 (1.7%) and its rental value has increased by an estimated £249 per month (5.5%), giving an expected gross yield of 5.3%.
According to HM Land Registry, Flat 1, 1, Albion Drive was last sold on 19th November 2024 for £955,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has dropped 11.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 1, 1, Albion Drive within a radius of 300 metres over the last 2 years.
The most recent example is 46, Albion Drive, London, E8 4LX, a leasehold flat which sold for £885,000 on the 10th August 2020.
Read more about house prices in E8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Drive, London, E8 has a total of 204 addresses. According to our analysis of all the public data, Flat 1, 1, Albion Drive is the 60th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £389k more expensive than the average property in E8.
The closest station to Flat 1, 1, Albion Drive is Haggerston station which is 300 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 Flat 1, 1, Albion Drive, 34.3% of property is socially rented and 24.8% is privately owned outright.
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 Flat 1, 1, Albion Drive, 12.1% of residents are recorded as possessing school level qualifications and 63.1% 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 Flat 1, 1, Albion Drive, the average age was 37 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 Flat 1, 1, Albion Drive, 6.1% 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 Flat 1, 1, Albion Drive, 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.
