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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 41, 16, Tandy Place is £506,051 and the estimated rental value is £2,601 per month.
The apartment is within 16, Tandy Place, London, E20.
Tandy Place, London, E20 is located in the borough of Hackney within the E20 postal district.
Flat 41, 16, Tandy Place has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 41, 16, Tandy Place is in very good condition we estimate a sale value of £531,354 and a rental value of £2,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,628 and a rental value of £2,419 per month.
Over the last 12 months the sale value of Flat 41 16 Tandy Place has decreased by an estimated £9,451 (1.9%) and its rental value has increased by an estimated £128 per month (4.9%), giving an expected gross yield of 6.2%.
Flat 41, 16, Tandy Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 41, 16, Tandy Place was last sold on 6th September 2021 for £475,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 30.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, 16, Tandy Place within a radius of 480 metres over the last 2 years.
The most recent example is Flat 17, 21, Copper Street, London, E20 3AU, a leasehold flat which sold for £174,125 on the 20th June 2022.
Read more about house prices in E20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tandy Place, London, E20 has a total of 100 addresses. According to our analysis of all the public data, Flat 41, 16, Tandy Place is the 89th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in E20.
The nearest school is Mossbourne Riverside Academy which is 84 metres away. The nearest train station is Hackney Wick which is 400 metres away.
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