Flat 53 Red Square, 3 Piano Lane

    FLAT 53 RED SQUARE, 3, PIANO LANE, LONDON, N16 9AY

    This flat/maisonette leasehold property on Piano Lane last sold in August 2011 for £425,000. Based on price growth in the N16 district since then, its estimated current value is £825,902 — placing it in the 93rd percentile nationally and the 64th percentile within N16. The property covers 98 m² (1,055 sq ft), giving an estimated value of £8,428 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £425,000

    Aug 2011

    Estimated Valuation

    £825,902

    Est. £/sq ft

    £783/sq ft

    £8,428/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateFeb 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Aug 2011

    £425,000

    29 Aug 2006

    £305,000

    12 Nov 2003

    £275,000

    26 Oct 2001

    New build

    £198,950

    Key Metrics

    Estimated valuation£825,902
    Value per sq ft / m²£783/sq ft (£8,428/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    N16 district percentile64th percentile
    National percentile93rd 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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