Flat 12 Red Square, 3 Piano Lane

    FLAT 12 RED SQUARE, 3, PIANO LANE, LONDON, N16 9AW

    This flat/maisonette leasehold property on Piano Lane last sold in June 2016 for £745,000. Based on price growth in the N16 district since then, its estimated current value is £845,835 — placing it in the 94th percentile nationally and the 65th percentile within N16. The property covers 97 m² (1,044 sq ft), giving an estimated value of £8,720 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £745,000

    Jun 2016

    Estimated Valuation

    £845,835

    Est. £/sq ft

    £810/sq ft

    £8,720/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    10 Jun 2016

    £745,000

    30 Jan 2004

    £295,000

    3 Dec 2001

    New build

    £214,000

    Key Metrics

    Estimated valuation£845,835
    Value per sq ft / m²£810/sq ft (£8,720/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    N16 district percentile65th percentile
    National percentile94th percentile

    District Context — N16

    N16 covers Stoke Newington and surrounding neighbourhoods in north London, sitting between Islington and Hackney. The area has developed into a diverse, densely residential district with strong community character and significant rental activity.

    Average Property Price - N16

    £719,206

    94

    National percentile

    Average Net Household Income - N16

    £52,269

    92

    National percentile

    10-Year Annualised Price Growth - N16

    1.9%

    8

    National percentile

    10-Year Annualised Rent Growth - N

    3.4%

    20

    National percentile

    View full analysis for N16

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