FLAT 5, 1, DOWNS ROAD, LONDON, E5 8QJ - £416,000

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.

FLAT 5 1 DOWNS ROAD is a very small flat of 37m², built sometime before 1900, which could now be worth an estimated £406,773. It was last sold for £416,000 in November 2020, which was around 23% below the average November 2020 flat price in the Hackney local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was E.

FLAT 5 1 DOWNS ROAD Sold Prices

Land registry data shows six sales for FLAT 5 1 DOWNS ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Hackney local authority area for the corresponding sale date. All of the six FLAT 5 1 DOWNS ROAD 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
2020 6 NOV	£416,000	£540,191	23% below HPI
2015 6 MAY	£335,000	£465,803	28% below HPI
2007 22 AUG	£182,500	£284,249	36% below HPI
2003 10 NOV	£124,000	£193,681	36% below HPI
1999 26 JUL	£65,000	£97,469	33% below HPI
1997 12 DEC	£50,000	£76,225	34% below HPI

What might FLAT 5 1 DOWNS ROAD be worth now?

FLAT 5 1 DOWNS ROAD might now be worth an estimated £406,773.

This is based on house price deflation of 2.2%, between November 2020 and May 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 2.2% deflationary decrease is applied to the most recent sale price for FLAT 5 1 DOWNS ROAD of £416,000 on 6th November 2020. For the value to have decreased from £416,000 to £406,773 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of FLAT 5 1 DOWNS ROAD has moved in line with the HPI for flats in the Hackney local authority area.
• The November 2020 sale price of £416,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 5 1 DOWNS ROAD has not materially changed since November 2020.

How Large is FLAT 5 1 DOWNS ROAD?

FLAT 5 1 DOWNS ROAD is 37m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of flats in London, based on EPC data. 5% of flats are smaller than FLAT 5 1 DOWNS ROAD, and 95% of flats are larger. Note that EPC data is not available for all properties in London.

FLAT 5 1 DOWNS ROAD: Plot

FLAT 5 1 DOWNS ROAD sits on a plot of roughly 0.053 of an acre, or 214m².

Where is FLAT 5 1 DOWNS ROAD?

FLAT 5, 1 DOWNS ROAD is located in LONDON, in the E5 postcode district.