58A, ALBION DRIVE, LONDON, E8 4LX - £1,450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58A ALBION DRIVE is a midsized extended terraced house of 156m², built sometime between 1967 and 1975, which could now be worth an estimated £1,712,311. It was last sold for £1,450,000 in November 2017, which was around 79% above the average November 2017 terraced price in the Hackney local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

58A ALBION DRIVE Sold Prices

Land registry data shows four sales for 58A ALBION DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Hackney local authority area for the corresponding sale date. two of the four 58A ALBION DRIVE sales were for above the average price, and four were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 21 NOV	£1,450,000	£811,447	79% above HPI
2011 4 AUG	£490,000	£449,348	9% above HPI
2007 27 JUN	£235,000	£377,982	38% below HPI
1997 30 MAY	£30,800	£106,262	71% below HPI

58A ALBION DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hackney local authority area over time, sourced from the HPI. The four 58A ALBION DRIVE sales between May 1997 and November 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2017 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 58A ALBION DRIVE be worth now?

58A ALBION DRIVE might now be worth an estimated £1,712,311.

This is based on house price inflation of 18.1%, between November 2017 and May 2026, for terraced houses, in the Hackney local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 58A ALBION DRIVE of £1,450,000 on 21st November 2017. For the value to have increased from £1,450,000 to £1,712,311 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 58A ALBION DRIVE has moved in line with the HPI for terraced houses in the Hackney local authority area.
• The November 2017 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of 58A ALBION DRIVE has not materially changed since November 2017.

How Large is 58A ALBION DRIVE?

58A ALBION DRIVE is 156m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 58A ALBION DRIVE lies on this distribution: 55% of terraced houses houses are smaller than 58A ALBION DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in London.

58A ALBION DRIVE: Plot and Title Map

58A ALBION DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 58A ALBION DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 58A ALBION DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 58A ALBION DRIVE?

58A ALBION DRIVE is located in LONDON, in the E8 postcode district. The below map shows the position of No. 58A on ALBION DRIVE.