5 Gillett Place, London, N16 8JB is a leasehold flat built between 2007-2011. The property offers approximately 506 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £630,998 , which equates to approximately £1,247 per square foot. It was last sold on 16 May 2007 for £325,000. Since then, the value has increased by £305,998, representing a 94.2% increase, or approximately 5.1% per year.

The current estimated value of £630,998 is:

  • 17.6% lower than the average property price on Gillett Place
  • 13.8% lower than the average in the N16 8JB postcode area
  • and 27.9% lower than the average price for London as a whole

At the most recent EPC inspection on 1 October 2021, the property was recorded as rented.

View sold house prices in N16 8JB

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£630,998
Price Per sq ft (estimate)
£1,247
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Gillett Place, London, Hackney, Greater London, N16 8JB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 1 Oct 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Oct 2010. The rating of B is unchanged, though the energy efficiency score decreased by 3.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from poor to good.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to N16 8JB

8 th / 12
Price Rank
14% lower than average
11 th / 11
Size Rank
41% smaller than average
1 st / 11
Price Per Sq FT Rank
45% higher than average

Compared to other properties in N16 8JB , this flat's estimated value ranks 8th out of 12. Based on price per square foot, it ranks 1st out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 11th out of 11 properties in its postcode area.

Sale History

Today
£630,998
streetscan.co.uk estimate
+94 %
16 May 2007
£325,000
Leasehold

Area Insights

Nearby Properties

4 Gillett Place, London, N16 8JB
rooms: 2
size: 624 sq ft
sale price: £225,000
sale date: 16 May 2007
6 Gillett Place, London, N16 8JB
rooms: 3
size: 678 sq ft
sale price: £615,000
sale date: 31 Mar 2016
7 Gillett Place, London, N16 8JB
rooms: 3
size: 657 sq ft
sale price: £610,000
sale date: 14 Jun 2024
3 Gillett Place, London, N16 8JB
rooms: 3
size: 700 sq ft
sale price: £575,000
sale date: 27 Sep 2021
2 Gillett Place, London, N16 8JB
rooms: 3
size: 840 sq ft
sale price: £595,000
sale date: 14 Aug 2015

Data Sources

The property at 5 Gillett Place, London, Hackney, Greater London, N16 8JB appears once in the Land Registry records, with the transaction recorded on 16 May 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Oct 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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