BASEMENT FLOOR FLAT, 14, DOWNS ROAD, LONDON, E5 8DS - £272,500

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.

BASEMENT FLOOR FLAT is a flat, which could now be worth an estimated £505,703. It was last sold for £272,500 in July 2011, which was around 5% below the average July 2011 flat price in the Hackney local authority area.

BASEMENT FLOOR FLAT Sold Prices

Land registry data shows two sales for BASEMENT FLOOR FLAT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Hackney local authority area for the corresponding sale date. Both of the two BASEMENT FLOOR FLAT sales 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
2011 22 JUL	£272,500	£286,862	5% below HPI
2008 31 JUL	£250,000	£306,418	18% below HPI

What might BASEMENT FLOOR FLAT be worth now?

BASEMENT FLOOR FLAT might now be worth an estimated £505,703.

This is based on house price inflation of 85.6%, between July 2011 and April 2026, for flats, in the Hackney local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.6% inflationary increase is applied to the most recent sale price for BASEMENT FLOOR FLAT of £272,500 on 22nd July 2011. For the value to have increased from £272,500 to £505,703 over the fifteen years and three months to April 2026, the following assumptions must hold true:

• The value of BASEMENT FLOOR FLAT has moved in line with the HPI for flats in the Hackney local authority area.
• The July 2011 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of BASEMENT FLOOR FLAT has not materially changed since July 2011.