SECOND FLOOR FLAT, 12, DOWNS ROAD, LONDON, E5 8DD - £240,000

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.

SECOND FLOOR FLAT is a flat, which could now be worth an estimated £669,122. It was last sold for £240,000 in October 2003, which was around 26% above the average October 2003 flat price in the Hackney local authority area.

SECOND FLOOR FLAT Sold Prices

Land registry data shows four sales for SECOND FLOOR FLAT 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. Most of the four SECOND 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
2003 28 OCT	£240,000	£190,945	26% above HPI
2003 22 JUL	£175,000	£197,466	11% below HPI
1998 4 SEP	£73,000	£85,739	15% below HPI
1996 18 OCT	£42,000	£67,486	38% below HPI

What might SECOND FLOOR FLAT be worth now?

SECOND FLOOR FLAT might now be worth an estimated £669,122.

This is based on house price inflation of 178.8%, between October 2003 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 178.8% inflationary increase is applied to the most recent sale price for SECOND FLOOR FLAT of £240,000 on 28th October 2003. For the value to have increased from £240,000 to £669,122 over the 23 years and six months to April 2026, the following assumptions must hold true:

• The value of SECOND FLOOR FLAT has moved in line with the HPI for flats in the Hackney local authority area.
• The October 2003 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of SECOND FLOOR FLAT has not materially changed since October 2003.