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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 Flat 1, 112, Millfields Road is £437,424 and the estimated rental value is £2,394 per month.
The apartment is within 112, Millfields Road, London, E5.
Millfields Road, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 1, 112, Millfields Road has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data 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 Flat 1, 112, Millfields Road is in very good condition we estimate a sale value of £459,295 and a rental value of £2,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,804 and a rental value of £2,226 per month.
Over the last 12 months the sale value of Flat 1 112 Millfields Road has decreased by an estimated £8,965 (2.0%) and its rental value has increased by an estimated £143 per month (6.0%), giving an expected gross yield of 6.6%.
Flat 1, 112, Millfields Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 112, Millfields Road within a radius of 340 metres over the last 2 years.
The most recent example is 116B, Millfields Road, London, E5 0AD, a leasehold flat which sold for £675,000 on the 14th November 2022.
Read more about house prices in E5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfields Road, London, E5 has a total of 234 addresses. According to our analysis of all the public data, Flat 1, 112, Millfields Road is the 114th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in E5.
The closest station to Flat 1, 112, Millfields Road is Clapton station which is 800 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, 112, Millfields Road, 35.3% of property is socially rented and 32.7% 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 Flat 1, 112, Millfields Road, 23.0% of residents are recorded as possessing school level qualifications and 56.2% 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, 112, Millfields 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 Flat 1, 112, Millfields 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 Flat 1, 112, Millfields Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.