Flat 9, Albion Works Studios 63
Flat 9, Albion Works Studios 63
Description & Estimates
Flat 9, Albion Works Studios 63 is recorded publicly as a modern leasehold apartment across 990 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 9, Albion Works Studios 63 is £823,260 and its rental estimate is £3,604 per month, given the available information and assuming reasonable condition.
Albion Works Studios, Sigdon Road is a residential building on Sigdon Road, London, E8 and falls within the E8 postal district and the London Borough of Hackney.
Our Data Sources
Flat 9, Albion Works Studios 63 has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated October 2014.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 9, Albion Works Studios 63, we estimate a market value of £864,422 and a rental value of £3,784 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £765,631 and £3,352 per month respectively.
Recent Market Change
Over the last year, Flat 9, Albion Works Studios 63 has seen its estimated sale value drop by £27,857 (3.4%) and its estimated rental value rise by £164 per month (4.5%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 9, Albion Works Studios 63 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 9, Albion Works Studios 63 completed on 30th September 2022 at £925,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 2.5% over the period since September 2022.
- Sold Sep 2022£925,000
- Sold Sep 2015£770,000
- Sold Apr 2007£382,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, Albion Works Studios 63 have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2024, was Flat 1, 16, Bodney Road, London, E8 1AY, a leasehold flat which sold for £935,000.
Read more about house prices in E8.
- Sold Dec 2024£935,000 | 3 Bed Flat16, Bodney RoadFlat 1, 16, Bodney Road, London, E8 1AY
- Sold Jun 2023£950,000 | 3 Bed FlatSpur House 4-14, Spurstowe TerraceFlat 24, Spur House 4-14, Spurstowe Terrace, London, E8 1LT
- Sold Mar 2023£662,500 | 3 Bed Flat14, Andre StreetFlat 2, 14, Andre Street, London, E8 2AA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 86 addresses on Sigdon Road, London, E8, Flat 9, Albion Works Studios 63 comes out as the 25th largest and the 22nd most expensive in our analysis of the public data.
It is also £186k more expensive than the average property across the E8 district.
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Schools Nearby
- 100mMossbourne Parkside Academy
- 600mThe Olive School, Hackney
- 700mNightingale Primary School
- 300mMossbourne Community Academy
- 700mThe Excelsior Academy
- 800mThe Urswick School - A Church of England Secondary School
More reading links
Public Transport Nearby
From Flat 9, Albion Works Studios 63, the nearest station is Hackney Downs, 100 metres away.
- 100mHackney Downs
- 400mHackney Central
- 900mLondon Fields
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
