Flat 3 Red Square, 3 Piano Lane

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

    This flat/maisonette leasehold property on Piano Lane last sold in July 2023 for £730,000. Based on price growth in the N16 district since then, its estimated current value is £767,490 — placing it in the 92nd percentile nationally and the 60th percentile within N16. The property covers 94 m² (1,012 sq ft), giving an estimated value of £8,165 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £730,000

    Jul 2023

    Estimated Valuation

    £767,490

    Est. £/sq ft

    £759/sq ft

    £8,165/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area1,012 sq ft (94 m²)
    EPC dateApr 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Jul 2023

    £730,000

    27 Nov 2018

    £575,000

    29 Jul 2005

    £295,000

    18 Dec 2001

    New build

    £230,000

    Key Metrics

    Estimated valuation£767,490
    Value per sq ft / m²£759/sq ft (£8,165/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    N16 district percentile60th percentile
    National percentile92nd 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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