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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, Saffron House 5 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 288 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Saffron House 5 is £274,380 and the estimated rental value is £1,455 per month.
The apartment is within Saffron House, Ramsgate Street, London, E8.
Ramsgate Street, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 1, Saffron House 5 has a single entry in the Land Registry from December 2016 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 4 out of 5 and is considered of high 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, Saffron House 5 is in very good condition we estimate a sale value of £288,099 and a rental value of £1,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,173 and a rental value of £1,353 per month.
Over the last 12 months the sale value of Flat 1 Saffron House 5 has decreased by an estimated £6,182 (2.3%) and its rental value has increased by an estimated £88 per month (6.1%), giving an expected gross yield of 6.4%.
According to HM Land Registry, Flat 1, Saffron House 5 was last sold on 5th December 2016 for £220,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2016, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Saffron House 5 within a radius of 260 metres over the last 2 years.
The most recent example is Flat 43, Point One Apartments, Ramsgate Street, London, E8 2NA, a leasehold flat which sold for £205,000 on the 8th January 2020.
Read more about house prices in E8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ramsgate Street, London, E8 has a total of 88 addresses. According to our analysis of all the public data, Flat 1, Saffron House 5 is the 83rd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £363k less expensive than the average property in E8.
The closest station to Flat 1, Saffron House 5 is Dalston Kingsland station which is 300 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Saffron House 5, % of property is and % is .
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, Saffron House 5, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Saffron House 5, 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, Saffron House 5, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
