GROUND FLOOR FLAT 2, 4, DOWNS ROAD, LONDON, E5 8DD - £485,000

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.

GROUND FLOOR FLAT 2 is a flat, which could now be worth an estimated £470,582. It was last sold for £485,000 in October 2025, which was around 12% below the average October 2025 flat price in the Hackney local authority area.

GROUND FLOOR FLAT 2 Sold Prices

Land registry data shows four sales for GROUND FLOOR FLAT 2 since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Hackney local authority area for the corresponding sale date. All of the four GROUND FLOOR FLAT 2 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
2025 10 OCT	£485,000	£548,667	12% below HPI
2021 1 FEB	£421,000	£529,085	20% below HPI
2016 23 AUG	£400,000	£483,597	17% below HPI
1996 4 DEC	£27,000	£66,556	59% below HPI

What might GROUND FLOOR FLAT 2 be worth now?

GROUND FLOOR FLAT 2 might now be worth an estimated £470,582.

This is based on house price deflation of 3%, between October 2025 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 3% deflationary decrease is applied to the most recent sale price for GROUND FLOOR FLAT 2 of £485,000 on 10th October 2025. For the value to have decreased from £485,000 to £470,582 over the one year and six months to April 2026, the following assumptions must hold true:

• The value of GROUND FLOOR FLAT 2 has moved in line with the HPI for flats in the Hackney local authority area.
• The October 2025 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of GROUND FLOOR FLAT 2 has not materially changed since October 2025.