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According to the public record, Flat 4, 1B, Clarence Place is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 343 ft2 of internal area.
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 4, 1B, Clarence Place is £285,402 and the estimated rental value is £1,460 per month.
The apartment is within 1B, Clarence Place, London, E5.
Clarence Place, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 4, 1B, Clarence Place has a single entry in the Land Registry from September 2007 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 4, 1B, Clarence Place is in very good condition we estimate a sale value of £299,672 and a rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,424 and a rental value of £1,358 per month.
Over the last 12 months the sale value of Flat 4 1B Clarence Place has decreased by an estimated £4,099 (1.4%) and its rental value has increased by an estimated £94 per month (6.5%), giving an expected gross yield of 6.1%.
According to HM Land Registry, Flat 4, 1B, Clarence Place was last sold on 7th September 2007 for £107,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 88.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 1B, Clarence Place within a radius of 250 metres over the last 2 years.
The most recent example is 106F , Clarence Road, London, E5 8HB, a leasehold flat which sold for £280,000 on the 22nd October 2024.
Read more about house prices in E5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Place, London, E5 has a total of 25 addresses. According to our analysis of all the public data, Flat 4, 1B, Clarence Place is the 19th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in E5.
The closest station to Flat 4, 1B, Clarence Place is Hackney Central station which is 400 metres away.
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 Flat 4, 1B, Clarence Place, 61.5% of property is privately rented and 17.4% is socially 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 4, 1B, Clarence Place, 14.7% of residents are recorded as possessing school level qualifications and 67.1% 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 4, 1B, Clarence Place, the average age was 34.7 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 4, 1B, Clarence Place, 2.9% 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 4, 1B, Clarence Place, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
