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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, 324A, Hackney Road is £924,813 and the estimated rental value is £4,292 per month.
The apartment is within 324A, Hackney Road, London, E2.
Hackney Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 1, 324A, Hackney Road has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated October 2020.
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 Flat 1, 324A, Hackney Road is in very good condition we estimate a sale value of £971,054 and a rental value of £4,507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £860,076 and a rental value of £3,992 per month.
Over the last 12 months the sale value of Flat 1 324A Hackney Road has decreased by an estimated £26,271 (2.8%) and its rental value has increased by an estimated £261 per month (6.1%), giving an expected gross yield of 5.6%.
Flat 1, 324A, Hackney Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 324A, Hackney Road was last sold on 15th March 2021 for £952,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has dropped 31.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 324A, Hackney Road within a radius of 290 metres over the last 2 years.
The most recent example is Apartment 602, Charlotte King Court 34, Goldsmiths Row, London, E2 8GN, a leasehold flat which sold for £1,315,000 on the 23rd May 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hackney Road, London, E2 has a total of 769 addresses. According to our analysis of all the public data, Flat 1, 324A, Hackney Road is the 32nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £415k more expensive than the average property in E2.
The nearest school is City of London Academy, Shoreditch Park which is 263 metres away. The nearest train station is Hoxton which is 600 metres away.
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